Bitcoin Dips Below $50K as Investors Flee Risk Assets

Bitcoin Dips Below $50K as Investors Flee Risk Assets

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Source: Coindesk.com

Ether posted its steepest single-day plunge since May 2021. The crypto fear and greed index flashed "fear" and fell to its lowest level in a month. The CoinDesk 20 Index dropped nearly 20%.

Bitcoin (BTC) extended its slump during Asian trading hours on Monday, plunging below $50,000 before recovering

Read More https://www.coindesk.com/markets/2024/08/05/bitcoin-continues-to-bleed-falls-below-50k/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The post "Bitcoin Dips Below $50K as Investors Flee Risk Assets" appeared first here Coindesk.com.

Source: Coindesk.com

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