Tag: Crypto market crash

Economic Woes Trigger $500B Crypto Market Crash in Just Three Days

Due to weak US job numbers and recession fears, the crypto market sell-off broke a whopping $500 billion in three days, the worst sell-off in a year. Bitcoin's price fell 10% in one day and 20% in the week, reflecting market and macroeconomic pessimism. Ether lost 18% one day and 28% during the week due to the crypto market's linkedness to outside economic forces. Solana, one of the top 10 cryptocurrencies, fell 30.6% because of market volatility and incidents. The crypto market has recently experienced its...

Bitcoin and Ethereum Slump: $170B Crypto Market Crash Explained

Concerns about a possible Bitcoin payout from Mt. Gox caused a market loss of more than $170 billion. Adding to the market pressure,...

The Finale of the FTX Saga

After only a month of court proceedings and four hours of jury deliberations, the court found Sam Bankman Fried guilty of all seven...

Metropolitan Bank succumbs to crypto winter

Metropolitan Bank announced that it intends to end all crypto-related services due to the long-standing effects of the crypto winter The Metropolitan Commercial...