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CryptoPotato - The crypto market suffered a two-day crash fueled by the US Fed's stance and geopolitical tensions, wiping out $200 billion and sending Bitcoin tumbling to multi-week lows

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blockchainhorror
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18 days agoSteemit

https://cryptopotato.com/another-700-million-in-liquidations-as-bitcoin-btc-dumps-to-61k-altcoins-bleed-out/
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Cryptocurrency prices plunged on Friday evening and again on Saturday, wiping out $200 billion from the market.

Bitcoin initially recovered but then dropped to a multi-week low of $61,000. Other cryptocurrencies also saw double-digit losses.

This crash is linked to the lack of interest rate reduction signals from the US Fed and rising tensions in the Middle East.

Beware of potential crypto dumps!!

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