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IPFS News Link • Currencies

$300 Billion Bitcoin And Crypto Price Crash After Stark Fed Warning

• https://www.forbes.com

Other Media HEADLINES:

BIT DOWN - Cryptocurrency price LIVE – Shiba Inu coin drops & Bitcoin plummets almost 20 percent as 'crypto crash' smashes market
https://www.the-sun.com/money/4199492/cryptocurrency-price-live-shiba-inu-bitcoin-crypto-crash/

Epic Crash Hits Crypto Markets As Bitcoin Plummets to $43,500 in Matter of Minutes
https://dailyhodl.com/2021/12/04/epic-crash-hits-crypto-markets-as-bitcoin-plummets-to-43500-in-matter-of-minutes/

Crypto market flash-crash, Bitcoin, Ethereum and altcoins down double-digit percentage moves
https://www.fxstreet.com/cryptocurrencies/news/crypto-market-flash-crash-bitcoin-ethereum-and-altcoins-down-double-digit-percentage-moves-202112040532

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Bitcoin and cryptocurrency prices have fallen sharply, wiping around $300 billion worth of value from the combined crypto market in just two days.

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The bitcoin price dropped to around $51,000 per bitcoin after trading around $69,000 just weeks ago—a fall of almost 30%. The latest move lower has seen other major cryptocurrencies, including ethereum, Binance's BNB, solana, cardano and Ripple's XRP, each lose almost 10% in just 24 hours.

The sudden bitcoin and crypto sell-off, coming alongside some serious stock market declines, follows a warning made by famed investor Louis Navellier that widely-expected Federal Reserve "tapering" could burst the bitcoin and crypto bubble.


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