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BTC 14 percent Crash

What Caused Bitcoin to Crash 14% in a Single Day?

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A $43 billion mistake triggered massive sell orders, crashing Bitcoin 14% in minutes. Here’s how it happened. Bitcoin may be volatile, but it doesn’t usually drop 14% in a single day without a major macro shock, regulatory crackdown, or exchange hack. But this time, the trigger wasn’t a government ban or a cyberattack. It was something far more mundane — and far more embarrassing.

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Bitcoin Trendline July 2024

Crypto: Crash or Opportunity?

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Everyone knows that the Crypto market is volatile. And we got another dose of that on the 4th of July. But rather than fireworks, Crypto markets crashed. The year 2024, started out very bullish for Crypto, with Bitcoin (BTC) up sharply… partly due to BTC getting approval for ETFs and partly due to the expected halving which would cut supply. But so far this year, the truism “Buy the rumor, Sell the news” has held for the Bitcoin halving.

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Could The Fed Trigger A Deflationary Slide In Stocks?

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Most economists and stock market participants believe that FED policy can exhibit a tremendous amount of power over the movement of the markets and market participants perception of the future of that policy can affect the market in the short run. The major exception is Robert Prechter who believes that “monetary policy doesn’t have a reliable effect on the stock market.” He recommends that you Don’t Get Ruined by This Popular Investment Myth. But in today’s post Chris Ciovacco of Ciovacco Capital Management looks at whether the FED could trigger a slide in the stock market. ~Tim McMahon, editor.

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Crashing Markets, Credit Downgrades- What Comes Next?

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Tragic news about the United States economic atmosphere has been inescapable throughout the country and world for quite some time now. With constant debate over raising the debt ceiling, shocking losses in the stock market, devastating unemployment rates, and a downgraded national credit rating, it’s no wonder the country’s economic health has been in question.

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Six Straight Weeks of Decline Take DJIA Below 12,000: What Now?

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Before blaming falling stocks on the most recent weak economic reports, let’s check some dates. As of June 10, the Dow has suffered the “longest losing streak since the fall of 2002. The market’s last seven-week stretch of losses began in May 2001, as the dot-com bubble deflated,” reports The Associated Press. As for why

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