Bitcoin flash crashes to $60,000, traders refuse to catch ‘falling knives’: analysts

Bitcoin flash crashes to ,000, traders refuse to catch ‘falling knives’: analysts

bitcoin market Bitcoin BTC fell to the lowest level since September 2024 on Thursday night, as repeated failures to hold critical levels of support reduced market confidence, according to analysts. The world’s largest cryptocurrency fell to $60,000 at 7:20 pm ET, marking a roughly 17% drop in the past 24 hours. Bitcoin later made a … Read more

‘It’s time’ for them to switch

‘It’s time’ for them to switch

Gold (GC=F) and silver (SI=F) investors are taking a victory lap this year as crypto bulls are left in the dust. On Friday, gold futures rose above $4,550 to remain at or near record highs, capping a year marked by more than 50 such records. Meanwhile, silver also surged past $75 an ounce, extending year-to-date … Read more