Bitcoin Prices Drop below $30,000, the Lowest since December 2020. Here’s Why
On 12 May 2022, Bitcoin witnessed a dramatic plunge in which it hit its 24-hour-low of $25,402. After this crash, Bitcoin matched its December 2020 levels, after which it rebounded to just above th...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on Finance MagnatesRelated market context
Standard Chartered says Ethena’s ENA could crush Bitcoin and Ethereum returns by 2028
Standard Chartered expects Ethena’s ENA token to rise about sevenfold by 2028, provided the protocol can rebuild its shrinking syn...
Bitcoin Surges 40% in Its Best Quarter Since Late 2024
Bitcoin Magazine Bitcoin Surges 40% in Its Best Quarter Since Late 2024 Bitcoin is having one of its best quarters ever — another...
Bitcoin trader profit margin hits 30.7%, highest since December 2024
Rising profit margins may trigger increased sell-offs, potentially leading to heightened market volatility and testing key support...
Bitcoin futures notional drops to lowest level in two years
The decline in Bitcoin futures notional suggests reduced speculative leverage, potentially leading to less volatile price movement...
Bitcoin rises 35% since August low while open interest drops 20%, Glassnode reports
Bitcoin's rise amid declining open interest suggests a shift towards spot market influence, indicating a maturing market structure...
Lighter Crypto LIT Drops Violently on Robinhood Plan
Lighter crypto is trading at $3.86, down 13% over 24 hours and 26% over seven days. The selloff followed Robinhood’s decision to r...