Close Menu
Cryprovideos
    What's Hot

    ZK-Proof Blockchain Altcoin Lagrange (LA) Lifts Off Following Announcement of New Coinbase Assist – The Every day Hodl

    June 5, 2025

    Revenue-taking, not capitulation: establishments lower Bitcoin ETF publicity by 23% in Q1

    June 5, 2025

    CoreWeave Achieves Report MLPerf Benchmark with NVIDIA GB200 Superchips

    June 5, 2025
    Facebook X (Twitter) Instagram
    Cryprovideos
    • Home
    • Crypto News
    • Bitcoin
    • Altcoins
    • Markets
    Cryprovideos
    Home»Bitcoin»Bitcoin Collapses Beneath $100K Following Powell’s Statements
    Bitcoin Collapses Beneath 0K Following Powell’s Statements
    Bitcoin

    Bitcoin Collapses Beneath $100K Following Powell’s Statements

    By Crypto EditorDecember 19, 2024No Comments2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    The worth of Bitcoin briefly slipped beneath the $100,000 mark on Wednesday, plunging to as little as $98,839, in line with CoinGecko knowledge. 

    This got here after the US Federal Reserve indicated that it could considerably reduce easing in 2025. 

    As reported by U.In the present day, the Fed expectedly applied a 25-basis level fee lower. Nonetheless, the Fed’s revised dot plot, a chart that exhibits particular person members’ projections for charges, moved up by 50 foundation factors. This was a giant shock for the market, which beforehand anticipated 100 foundation factors in cuts in 2025. 

    Because of the Fed’s hawkish about-face, each the 10-year US Treasury yield and the US greenback spiked sharply larger whereas cryptocurrencies and shares took a extreme beating. 

    The Fed will now be extra cautious about additional fee cuts, and solely two of them at the moment are projected to be applied in 2025. 

    “It is not in contrast to driving on a foggy evening or strolling right into a darkish room stuffed with furnishings. You simply decelerate,” Fed Chair Jerome Powell mentioned throughout his press convention. 

    Bitcoin is at the moment buying and selling at $101,252 after paring some losses. Greater than $802 million price of crypto has been liquidated over the previous 24 hours.  



    Supply hyperlink

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Revenue-taking, not capitulation: establishments lower Bitcoin ETF publicity by 23% in Q1

    June 5, 2025

    Bitcoin Vs Stablecoins: Bitcoin Is An Unreplicable Lifeline In Authoritarian Regimes

    June 5, 2025

    Bitcoin Hash Ribbons Flashes A Purchase Sign – Lengthy-Time period Alternative Brewing | Bitcoinist.com

    June 5, 2025

    Whale Exercise Triggers Warning for Choose Altcoins Amid Bitcoin Optimism

    June 5, 2025
    Latest Posts

    Revenue-taking, not capitulation: establishments lower Bitcoin ETF publicity by 23% in Q1

    June 5, 2025

    Bitcoin Vs Stablecoins: Bitcoin Is An Unreplicable Lifeline In Authoritarian Regimes

    June 5, 2025

    Bitcoin Hash Ribbons Flashes A Purchase Sign – Lengthy-Time period Alternative Brewing | Bitcoinist.com

    June 5, 2025

    Whale Exercise Triggers Warning for Choose Altcoins Amid Bitcoin Optimism

    June 5, 2025

    Right here's Who Despatched Ross Ulbricht $31 Million in Bitcoin

    June 5, 2025

    Analyst Willy Woo Unveils Bitcoin (BTC) Path to a Potential 188x Rally – Right here’s His Outlook – The Every day Hodl

    June 5, 2025

    Did a Solo Bitcoin Miner Actually Win a $326,000 Reward? – Decrypt

    June 5, 2025

    Trump Media Information for Fact Social Bitcoin ETF – Bitbo

    June 5, 2025

    CryptoVideos.net is your premier destination for all things cryptocurrency. Our platform provides the latest updates in crypto news, expert price analysis, and valuable insights from top crypto influencers to keep you informed and ahead in the fast-paced world of digital assets. Whether you’re an experienced trader, investor, or just starting in the crypto space, our comprehensive collection of videos and articles covers trending topics, market forecasts, blockchain technology, and more. We aim to simplify complex market movements and provide a trustworthy, user-friendly resource for anyone looking to deepen their understanding of the crypto industry. Stay tuned to CryptoVideos.net to make informed decisions and keep up with emerging trends in the world of cryptocurrency.

    Top Insights

    UK to require crypto companies to report each buyer transaction

    May 18, 2025

    Crypto Trade Gemini Quietly Information for IPO With Goldman Sachs and Citigroup: Report – The Each day Hodl

    March 9, 2025

    Altcoin Season Approaching: Key Indicators Counsel Spectacular Crypto Surge

    December 13, 2024

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    • Home
    • Privacy Policy
    • Contact us
    © 2025 CryptoVideos. Designed by MAXBIT.

    Type above and press Enter to search. Press Esc to cancel.