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  • Bitcoin Price Falls Below $59K Amid Broad Market Rout; Ether Slumps Almost 10%
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Bitcoin Price Falls Below $59K Amid Broad Market Rout; Ether Slumps Almost 10%

cryptovert August 28, 2024 1 min read

Cryptocurrencies
suffered
substantial
losses
as
the
U.S.
business
day
came
to
a
close,
with
bitcoin

(BTC)

tumbling
below
$59,000
and
Ethereum’s
ether

(ETH)

losing
almost
10%.

Bitcoin
had
topped
$62,700
earlier
in
the
day,
but
recently
was
down
6.5%
from
24
hours
earlier.
Amid
the
rout,
it
got
as
low
as
$58,240,
the
lowest
price
since
Aug.
19.
Ether
traded
as
high
as
$2,700
earlier
Wednesday,
but
recently
fetched
less
than
$2,500.

Continue Reading

Previous: Maker, Now Rebranded to Sky, Draws Ire From DeFi Community on Controversial Stablecoin Change
Next: TON Blockchain Grinds to a Standstill With No Blocks Produced for Over 3 Hours

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