Tanaya Macheel / CNBC:

Bitcoin dropped below ~$50,000, its lowest level since February 2024 and down 17% since August 3, and ether dropped 15% to ~$2,300, as global markets plummet  —  Cryptocurrencies tumbled amid a global market sell-off spurred by recession fears.  —  The price of bitcoin sank more than 14% …

Tanaya Macheel / CNBC:

Bitcoin dropped below ~$50,000, its lowest level since February 2024 and down 17% since August 3, and ether dropped 15% to ~$2,300, as global markets plummet  —  Cryptocurrencies tumbled amid a global market sell-off spurred by recession fears.  —  The price of bitcoin sank more than 14% …

Source: TechMeme
Source Link: http://www.techmeme.com/240805/p7#a240805p7