As crypto bleeds, losses across the market have wiped more than $100 billion from the total market cap. Bitcoin has dropped below $33,000, reaching lows of $32,300 as of writing to see the benchmark cryptocurrency trade more than 6% lower from its intraday highs above $34,000. On 7 July, BTC price climbed to $34,995 on Coinbase to leave bulls eyeing a breakout above $35k. This … [Read more...] about Bitcoin dumps $2K as a fresh bloodbath sweeps the crypto market
Bloodbath
Chinese blockchain stocks lose less in crypto market bloodbath
China’s blockchain-linked equity stocks have been doing notably better than the rest of the global crypto equity market during a flash crash on Wednesday. According to a Bloomberg-curated basket of eight Chinese A-share equities tied to the blockchain industry, China’s blockchain equity stocks were down less than 2% as of 6 a.m. UTC on Thursday, Bloomberg reports. The equity … [Read more...] about Chinese blockchain stocks lose less in crypto market bloodbath