The market for cryptocurrency is under significant downside pressure and fear as Bitcoin approaches the threatening $75,000 mark, stricken by the anticipated U.S. Consumer Price Index (CPI) print and a flurry of bearish technical indicators. The drastic $170 billion market wipeout within just 24 hours underscores the severity of the market downturn and further increases…
The crypto world is still trying to recover from a reckless week that included a price crash and panic selling due to the unfolding strategy of the American government regarding crypto assets during the Trump presidency. Bitcoin was flirting with all-time highs until it plummeted, dragging all other crypto assets with it into a state…
Bitcoin suffered a notable decline, reaching a low of under $90,000 for the first time since November 18. This fall seems to be related to ongoing global economic concerns along with the impact of a major hack on the Bybit exchange. Macroeconomic Stress and Investor Worries The decline is primarily due to increasing market concerns…
Vietnam has resulted in the arrest of 56 people across its borders due to a sophisticated international scam targeting Bitcoin investors using social media. The complex schemes accomplished by Chinese brokers through a network of Vietnamese citizens faced severe consequences. Arrests and Operations of Multiple Countries A collaborative operation between the Cambodian, Philippine, and Vietnamese…
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