News with the tag "crypto black monday"

In a crash that traders are referring to as “Crypto Black Monday”, a global stock market rout has sent the price of major cryptocurrencies careening lower, with the Bitcoin (BTC) price at one point dropping below $50,000 for the first time February. The post Crypto Black Monday: Global Stock Market ...

Economist and gold advocate Peter Schiff has warned investors that a sharp drop in bitcoin’s price could trigger mass bitcoin exchange-traded fund (ETF) liquidations. “If so, brace for a Crypto Black Monday,” he cautioned. He believes that bitcoin has been in a major bear market for almost three yea...