Silvergate Crisis: Bitcoin (BTC) Leads Market Plummet as Billions Vanish in Minutes By DailyCoin
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© Reuters. Silvergate Crisis: Bitcoin (BTC) Leads Market Plummet as Billions Vanish in Minutes
- went down 5% in 30 minutes and traded as low as $21,970 in the early hours of Friday.
- Other coins like (ETH), Polygon (MATIC), (DOGE), and (SOL) also plummeted.
- The dump might be associated with crypto bank Silvergateâs worrying statement on Thursday.
The crypto market has suffered a sharp selloff across all major crypto assets following worrying news about crypto bank Silvergate.
Bitcoin (BTC) plummeted 5% in 30 minutes early Friday morning and traded as low as $21,970 and $1,544, respectively, according to data from CoinGecko. The largest cryptocurrency had lost around $23 billion in market cap.
BTC is currently trading at $22,420. Ethereum (ETH) also went down 5% to $1,544. Itâs now trading at $1,570.
Bitcoin (BTC) price chart. Source: CoinGecko.
Other coins like…
Continue Reading on DailyCoin
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© Reuters. Silvergate Crisis: Bitcoin (BTC) Leads Market Plummet as Billions Vanish in Minutes
- went down 5% in 30 minutes and traded as low as $21,970 in the early hours of Friday.
- Other coins like (ETH), Polygon (MATIC), (DOGE), and (SOL) also plummeted.
- The dump might be associated with crypto bank Silvergateâs worrying statement on Thursday.
The crypto market has suffered a sharp selloff across all major crypto assets following worrying news about crypto bank Silvergate.
Bitcoin (BTC) plummeted 5% in 30 minutes early Friday morning and traded as low as $21,970 and $1,544, respectively, according to data from CoinGecko. The largest cryptocurrency had lost around $23 billion in market cap.
BTC is currently trading at $22,420. Ethereum (ETH) also went down 5% to $1,544. Itâs now trading at $1,570.
Bitcoin (BTC) price chart. Source: CoinGecko.
Other coins like…
Continue Reading on DailyCoin
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