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news-imageDecember 19, 2024

Crypto Market Crash: Bitcoin, ETH, XRP, DOGE, SOL Trigger $860M In Liquidations

After the US Federal Reserve announced a 25 bps rate cut on Wednesday, the Bitcoin price came crashing under the $100K level to trigger the broader crypto market crash. The selling pressure was a reaction to the Fed's future monetary policy guidance for 2025 and coming years.
Publisher: Coingape
Sentiment: Negative
BTC
DOGE

More News Articles

Positive
cover-imageThe Currency Analytics
December 19, 2024

BlackRock's Bitcoin and Ethereum ETFs See Historic $860 Million Inflows in 24 Hours

BlackRock's Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) witnessed a remarkable $860 million surge in just 24 hours. This surge underscores the growing interest from institutional investors in crypto-backed financial products, signaling a major shift in how traditional financial markets are engaging with digital assets.

Neutral
cover-imageCoinPedia
December 19, 2024

XRP Price Prediction For December 19

XRP's price is currently trading between two key levels: strong support around $2 and resistance between $2.90 and $3. This $3 level has been a tough barrier for XRP, and the price hasn't yet broken down the overall bullish trend, despite some short-term pullbacks.

Negative
cover-imageTokenpost
December 19, 2024

El Salvador Limits Bitcoin Use in $1.4B IMF Agreement Amid Debt Reduction Goals

El Salvador will limit its Bitcoin mandates, reducing public sector activity and merchant obligations under a $1.4 billion IMF loan agreement aimed at lowering its debt-to-GDP ratio. IMF Loan Prompts El Salvador to Limit Bitcoin Use As part of a $1.4 billion loan deal with the International Monetary Fund, El Salvador is going to limit public sector engagement in Bitcoin-related economic activities, make merchant adoption of Bitcoin voluntary, and unwind its involvement in the little-used Chivo wallet.

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