Bitcoin   Bitcoin   has crashed toward $50,000 per bitcoin, diving after Federal Reserve chair Jerome Powell warned of a

‘Terrifying’ Crypto Crash Triggers ‘Extreme Fear’ Panic After $2 Trillion Bitcoin, Ethereum, XRP, And Solana Price Wipe Out

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2024-07-06 17:00:04

Bitcoin Bitcoin has crashed toward $50,000 per bitcoin, diving after Federal Reserve chair Jerome Powell warned of a "critical period."

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The bitcoin price has lost around 25% over the last month, with the combined bitcoin, ethereum, XRP XRP , solana and crypto market coming within touching distance of a $2 trillion market capitalization for the first time since early February—down from nearly $3 trillion in March.

Now, after one legendary tech billionaire said he thinks bitcoin could replace the U.S. dollar, collapsed bitcoin exchange Mt. Gox has begun moving what could be a tidal wave of bitcoin.

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