Bitcoin
Why Bitcoin is down 1.0% in the last hour
Analysis
Bitcoin slipped about 1% over the past hour as risk sentiment weakened after strong U.S. jobs data, which Decrypt reported helped push BTC below the $60K area and rattled broader crypto confidence.
Contributing Factors (3)
Bitcoin Dives Below $60K Following Strong Jobs Data, Zcash Crash Shaking Crypto Confidence
Bitcoin has now fallen more than 50% from its October peak, dipping below $60,000 as the crypto industry reckons with the Zcash vulnerability.
The Bitcoin Crash Just Wiped $62 Billion From Corporate Treasury Holders, Is the MicroStrategy Model Broken?
$62B Wipeout: Are Bitcoin Treasury Strategies Broken? The post The Bitcoin Crash Just Wiped $62 Billion From Corporate Treasury Holders, Is the MicroStrategy Model Broken? appeared first on Cryptonews...
Bitcoin teases 'seller exhaustion' as BTC price downside reaches $60.3K
Bitcoin sellers were losing steam, market analysis said as ongoing BTC price downside brought the market closer to $60,000.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.