Bitcoin panic sinks cryptocurrency to below half its peak value

Australia News News

Bitcoin panic sinks cryptocurrency to below half its peak value
Australia Latest News,Australia Headlines
  • 📰 The Times
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 59%

The $1tn cryptocurrency meltdown intensified today as bitcoin sank to levels not seen since the retail investor frenzy that fuelled its dizzying rise at the height of global lockdown

was trading as low as $26,401, having fallen another 10 per cent in 24 hours to less than half the record $68,991 set in November last year.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

The Times /  🏆 71. in UK

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Here's Why Bitcoin and Other Cryptocurrencies Keep CrashingHere's Why Bitcoin and Other Cryptocurrencies Keep CrashingThe current slide of Bitcoin and other cryptocurrencies is being caused by a combination of short-term and long-term factors.
Read more »

Eurovision 2022: Which countries are performing and in what order?Eurovision 2022: Which countries are performing and in what order?The Eurovision semi-finals begin tonight ahead of this year’s grand final on Saturday, May 14.
Read more »

Bitcoin: growing pains or a busted flush?Bitcoin: growing pains or a busted flush?Crypto asset valuations have slumped in the past month, mirroring a sell-off in equities amid fears of aggressive tightening of monetary policy by central banks as inflation rises
Read more »

Johnson’s security assurances to Sweden and Finland not just symbolicJohnson’s security assurances to Sweden and Finland not just symbolicAnalysis: Boris Johnson’s move seen as high-value commitment at a time of great tension
Read more »

‘Life savings’ evaporate as major cryptocurrency collapses 98%‘Life savings’ evaporate as major cryptocurrency collapses 98%Suicide hotline numbers pinned to top of popular crypto forum
Read more »

Parents remortgage home to pay for £500,000 cancer treatment for baby daughterParents remortgage home to pay for £500,000 cancer treatment for baby daughterThe parents of a one-year-old girl with a rare form of cancer are in a race against time to raise £500,000 to fund life-saving treatment not available on the NHS.
Read more »



Render Time: 2025-03-28 19:07:07