$300 Billion Crypto Price Crash Suddenly Accelerates As Bitcoin, Ethereum And XRP Traders Brace For A Fed Shock
Posted: Wed Mar 20, 2024 12:59 am
$300 Billion Crypto Price Crash Suddenly Accelerates As Bitcoin, Ethereum And XRP Traders Brace For A Fed Shock
Read more here:
https://www.forbes.com/sites/digital-as ... f6cdd61c1d
Bitcoin (BTC) and major cryptocurrencies — including ethereum and XRP — have fallen sharply as traders brace for a correction (and a potentially brutal Biden administration crackdown).
The bitcoin price has crashed by over 10% since this time last week, despite JPMorgan's chief executive making a surprise bitcoin flip, with the downward trend suddenly accelerating and wiping $300 billion from the combined bitcoin, ethereum, XRP and crypto market since it hit a peak of $2.8 trillion earlier this month.
Now, as Elon Musk makes a dramatic return to the crypto market, bitcoin, ethereum, XRP and crypto traders are eyeing the Federal Reserve's interest rate decision on Wednesday that could further tank prices.
Read more here:
https://www.forbes.com/sites/digital-as ... f6cdd61c1d
Bitcoin (BTC) and major cryptocurrencies — including ethereum and XRP — have fallen sharply as traders brace for a correction (and a potentially brutal Biden administration crackdown).
The bitcoin price has crashed by over 10% since this time last week, despite JPMorgan's chief executive making a surprise bitcoin flip, with the downward trend suddenly accelerating and wiping $300 billion from the combined bitcoin, ethereum, XRP and crypto market since it hit a peak of $2.8 trillion earlier this month.
Now, as Elon Musk makes a dramatic return to the crypto market, bitcoin, ethereum, XRP and crypto traders are eyeing the Federal Reserve's interest rate decision on Wednesday that could further tank prices.