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Cryptocurrency News Articles
Bitcoin (BTC) Slides After Wednesday's Tech Rout
Jul 25, 2024 at 08:02 pm
This article originally appeared in First Mover, CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context.
Bitcoin fell to just above $64,000 on Wednesday amid a broader stock market rout and worsening sentiment for risk assets, including cryptocurrencies, that led to over $250 million in bullish bets being liquidated – the biggest hit since early July.
The price plunge came as the tech-heavy Nasdaq 100 index posted its biggest drop since 2022 after Google (GOOGL) parent company Alphabet and Tesla (TSLA) reported mixed quarterly earnings.
The broader digital asset market, as measured by the CoinDesk 20 Index (CD20), fell 5.6%.
Bitcoin was priced around $64,200 at the time of writing, a drop of almost 3.5% in the last 24 hours.
Ether fell over 8% in the last 24 hours.
The price drops follow a period of relative calm in crypto markets, which have largely moved in tandem with broader risk appetite this year.
The total market capitalization of the stablecoin sector rose to over $164 billion for the first time since the Terra collapse in May 2022, DefiLlama and Wintermute said.
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- Consensus 2026 Miami: Web3, Blockchain, Cryptocurrency, NFTs, Metaverse, Conference, May 5th — Where Wall Street Meets the Digital Frontier
- May 01, 2026 at 11:27 pm
- Miami buzzes as Consensus 2026 approaches on May 5th, highlighting Web3, blockchain, crypto, NFTs, and the metaverse's shift from hype to institutional and sustainable reality.
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- Bitcoin Miners Electrify the Grid: Ohio Gas Plant Acquisition Powers Up a New Era for Digital Gold
- Apr 30, 2026 at 10:38 pm
- The Bitcoin mining industry is undergoing a significant transformation, with major players aggressively expanding operations and strategically acquiring energy assets like Ohio gas plants to solidify their future in the digital economy.
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- Solana's Slippery Slope: Price Prediction Points to Resistance Loss and Potential Further Drops
- Apr 30, 2026 at 09:08 pm
- Solana is struggling to break key resistance, signaling potential downside. Repeated rejections at $86-$88, coupled with a broken short-term pattern, point to targets as low as $67, or even $40, as sellers maintain control. Investors should watch critical support levels closely.
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- NYC's New Beat: Staking Systems, USD1, and Governance Drive Crypto's Next Wave
- Apr 30, 2026 at 03:02 pm
- From lucrative USD1 earning events to robust governance models, the crypto sphere is buzzing with innovations reshaping how we engage with digital assets, focusing on long-term commitment and stablecoin utility.
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- OKX Unveils Agent Payments Protocol: Ushering in a New Era of AI Transactions
- Apr 30, 2026 at 02:53 pm
- OKX launches its Agent Payments Protocol (APP), an open standard for AI-driven commerce, enabling agents to manage full business cycles. Explore the implications for AI transactions and agentic payments.
