Bitcoin Plunges 18% As Investors Grow Wary Of Record-breaking Rally

Dado Ruvic/Reuters Bitcoin slumped as much as 18%, to $45,000, on Tuesday before slightly paring losses.Other cryptocurrencies such as ether and XRP also plunged as cash fled the market.Investors have second-guessed the recent market rally, with tech stocks also tumbling.Sign up here for our daily newsletter, 10 Things Before the Opening Bell.Bitcoin plunged as much as 18%, to $45,000, on Tuesday before slightly paring some losses as sky-high cryptocurrency valuations unnerved investors.The cryptocurrency traded 13% lower, at $47,608.24, as of 11:45 p.m.

Topics:  dado ruvic/reuters   bitcoin   things before   opening   bell   york   increased   us's nasdaq   elon musk   craig erlam   tesla ceo   treasury secretary janet yellen   cnbc   binance   pankaj balani   delta   btc   business insider   i   xrp   tesla   eth   grow   wary   rally   market   stocks   tuesday   cryptocurrency   fall   move   plunged   monday   currency   tech   appeared   
BING NEWS:
  • Stock-market investors clamor for rate cuts. They should be careful what they wish for.
    Stock-market investors seem to be clamoring for rate cuts from the Federal Reserve, although the S&P 500 has been on a record-breaking run even without ...
    06/17/2024 - 11:18 pm | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News