[LIVE] Crypto Meltdown: $300B Wiped Out, Bulls Bruised, Bears Awakened โ Is a Bounce Ahead?
We may earn commissions from affiliate links or include sponsored content, clearly labeled as such. These partnerships do not influence our editorial independence or the accuracy of our reporting. By continuing to use the site you agree to our terms and conditions and privacy policy.
The crypto market is having a tough week after Bitcoin recently touched the $100,000 mark, followed closely by the altcoin sector. For the digital gold, the current price represents a four-month low, while the overall market has shed nearly $1 trillion in market capitalization.
The sell-off didnโt come as a surprise, since traders often flee riskier assets during more unstable economic policies. Itโs also worth noting that, thanks to President Trumpโs crypto policies, Bitcoinโs price reached a new all-time high of $126,080 on October 6. Many believed that a correction after the bull run would be inevitable.
Despite the turbulence, many experts believe the current correction is nothing more than temporary panic that will soon pass. BTCโs recent movement seems to support that view: after dropping to $99,607, the price quickly rebounded to $102,000 within the last 24 hours.
In todayโs live report, weโll cover all the major news surrounding Bitcoin and the altcoin market. Stay tuned!
Commentaries 
Fill in necessary fields and publish