Crypto Market Plunges Below $1T Amid Inflation-Driven Selloff
The total cryptocurrency market cap has fallen below $1 trillion for the first time since January 2021. Crypto in Crisis Crypto investors appear to be rushing for the exit after...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This research story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on Crypto BriefingRelated market context
Bitcoin ETFs suffer biggest exodus since June as Ethereum withdrawals hit nine-month high
US spot Bitcoin and Ethereum exchange-traded funds saw their steepest withdrawals in months as the cryptocurrency market continued...
Bitcoin’s slide below $81,000 exposes why a Fed pause may not save the crypto market
Bitcoin slid below $81,000 on Oct. 8, with an intraday low near $80,800, even as traders expect the Fed to hold in October. The Se...
Bitcoin miners escape months of distress as daily revenue surges by 78%
Bitcoin miners are emerging from months of financial pressure as rising BTC prices lift daily industry revenue by 78%. According t...
Bitcoin crashes through $81,000 buy wall as $1 billion crypto liquidation bloodbath unfolds
Bitcoin registered an intraday low near $80,000 as a cryptocurrency selloff triggered over $1 billion in liquidations, overwhelmin...
Bitcoin Falls Below $81,000 as Oil Spikes, Fed Talks Tough
Bitcoin Magazine Bitcoin Falls Below $81,000 as Oil Spikes, Fed Talks Tough Bitcoin’s price has dropped further, sliding with othe...
Citi predicts Bitcoin going back to $113,000. Here’s what the buying data shows
Citi's $113,000 Bitcoin target would require a roughly 36% rise from the Oct. 7 reference price, keeping it below its previous rec...