Crypto Markets Lost Over $200B as BTC Dumps to $57K Ahead of FOMC Meeting (Market Watch)

Crypto Blog

The dire market conditions for all cryptocurrencies continue and have even worsened in the past few hours, as bitcoin dumped to another multi-month low of around $57,000.

After a brief pump, BTC headed straight south again in the past 1-2 hours. This time, the bears pushed it down to just over $57,000 as of now, which is the lowest price tag since February 28. The latest nosedive comes on the heels of the upcoming US FOMC meeting, which is something that typically leads to lots of volatility in the market.This is all you need not to miss any price action in the raging crypto markets.

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:

Crypto_Potato /  🏆 568. in US

United States Latest News, United States Headlines

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

Crypto Markets Lost Over $400B as Bitcoin (BTC) Slumped by $10K in 2 Days (Weekend Watch)Crypto Blog
Read more »

Can Crypto Markets Recover on This Week’s Economic Data and Earnings?Crypto Blog
Read more »

Crypto Markets’ Recovery Halted as Bitcoin (BTC) Dumped Below $62K Again (Market Watch)Crypto Blog
Read more »

How Crypto Markets Reacted to the Recent Events in the Middle EastWith just one available market, traders rushed to sell crypto to raise cash, which led to a short-term drop in the price of Bitcoin.
Read more »

Crypto Markets Will Be Driven by Macro Factors Following the Halving, Coinbase SaysWill Canny is CoinDesk's finance reporter.
Read more »

Will Crypto Markets Keep Falling as $1.2B Bitcoin Options Expire Today?Crypto Blog
Read more »