After failing at $40,000 two days ago, bitcoin was violently rejected and dumped by over $4,000 in hours to its lowest price point in over two months. The alternative coins are also buried in red, with massive price drops from Solana, Polkadot, Avalanche, and many others.
Bitcoin Slumped Below $36K
It was just a few days ago when the primary cryptocurrency started its recovery from its most recent sub-$38,000 price dip. The bulls pushed the asset north following the FOMC meeting, in which the Fed said it will raise interest rates by 50 basis points instead of 75, and BTC tapped $40,000.
However, this leg up was short-lived as bitcoin was stopped there and remained at just under that level for the next day.
The situation changed vigorously in the following several hours, as reported yesterday. Bitcoin started crashing hard and dumped by approximately $4,000. Aside from causing millions of dollars in liquidations, the cryptocurrency plunged to its lowest level since Russia invaded Ukrain
We współpracy z: https://cryptopotato.com/crypto-markets-shed-150b-as-bitcoin-collapses-to-lowest-point-since-russias-invasion-market-watch/
