Bitcoin Fall News Today

Bitcoin has been on a tear this year on expectations that regulators will allow the first US spot Bitcoin exchange-traded funds, widening the potential base of crypto investors. Bets that the Federal Reserve will cut interest rates next year also encouraged a rally in virtual currencies.

US software developer MicroStrategy Inc said it has not received a margin call against a bitcoin-backed loan and can withstand further volatility, soothing market jitters after the token's slide raised fears of asset liquidation.

Bitcoin fell to its lowest in 16 months on Thursday, continuing to fall alongside risk assets such as tech stocks

Bitcoin fell to its lowest level since January on Monday as slumping equity markets continued to hurt cryptocurrencies, which are currently trading in line with so-called riskier assets like tech stocks.

Bitcoin (BTC) tumbles 6.08 per cent in the last 24 hours, while Ethereum crashes 7.08 per cent in the last 24 hours, as at 9.30 am, according to data from coinmarketcap.com

Bitcoin has been less volatile in recent days but is down by more than 35 per cent this month, weighed by growing regulatory pressures on the sector

Bitcoin, the worlds biggest and best-known cryptocurrency, is down 47.8% from the years high of $64,895.22 on April 14

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Highlights Bitcoin is a digital currency that is not tied to a bank or government and allows users to spend money anonymously. Bitcoin was launched in 2009 by a person or group of people operating under the name Satoshi Nakamoto. Elon Musk owned Tesla had invested $1.5 billion in Bitcoin and it started taking Bitcoin as payment Bitcoin witnessed a massive fall of nearly 30% after the China Banking Association issued a warning to the member banks regarding the risks associated with the digital ...

Bitcoin loses ground on concerns over regulations in China Bitcoin, the biggest and most popular cryptocurrency, rose 8.75 per cent to touch $40,000, after plunging 14 per cent on Wednesday to its lowest since late January Reuters | May 20, 2021 | Updated 14:24 IST Bitcoin regained some ground on Thursday from the previous sessions brutal slide to four-month lows but was weighed down by concerns over tighter regulation in China and unease over the extent of leveraged positions in the cryptocur...