The total value of the cryptocurrency market was up to $976 billion in early hours before falling to $910 billion. The market, however, is significantly down from $3 trillion market cap that was recorded in November. The cryptocurrency market is highly correlated to the tech-heavy Nasdaq in recent months, and the pessimism in equity markets is regarded as a major reason behind the steep decline in cryptos. The Nasdaq futures were down 2.3% at 9.15 a.m. EDT (1315GMT), indicating another opening in negative territory, although the US stocks finished Wednesday on positive note. The US stock exchanges rallied Wednesday after the Fed raised its benchmark interest rate by 75 basis points on Wednesday, marking its biggest hike in 28 years, and signaled that another 75 basis points of rate hike is on the table for July. Despite the Fed providing a roadmap in its monetary tightening, investors are still worried that the aggressive rate hikes could cause a recession in the world's largest economy. Bitcoin hits lowest level since November. Tevhidle ilgili casino birinci bolümde insanın topraktan yaratılışı, Hz.
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The total value of the cryptocurrency market was down 7.1% to $963 billion at 0537GMT, which is more than a $300 billion loss in less than a week. The massive losses in the crypto market come as US stock exchanges continue to plummet amid fears that the Fed's aggressive monetary tightening against record-high inflation could cause a recession in the world's biggest economy. The Dow Jones fell 2.8% to close Monday with a massive 876-point loss. The S&P 500 lost 3.9%, low dep casino bitcoin while the tech-heavy Nasdaq dove 4.7%. The Fed's two-day meeting will conclude on Wednesday at 1800GMT, and it is widely expected to make another 50 basis point rate hike. The central bank could signal 75 basis points of interest rate increase for its September meeting to tame consumer inflation that annually rose 8.6% in May. Bitcoin hits lowest level low dep casino bitcoin since November. The value of bitcoin slipped below the $5,800 mark Friday -- its lowest levels since November as security and regulatory concerns overwhelm buyers. Wintika casino.
Bitcoin, cryptos slightly up after Fed, still at lowest in 18 months. Bitcoin and cryptocurrencies were slightly up on Thursday after the US Federal Reserve's key decision, but they were still around their lowest level in 18 months. The price of Bitcoin, the world's largest crypto by market size, managed climbing to almost $23,000 early Thursday, but later fell to $21,230 at 9.10 a.m. EDT (1310GMT), around its lowest level since December 2020. Ethereum, the world's biggest altcoin by market value, saw its price hitting as high as $1,258, but it was trading at $1,125 at the time. The total value of the cryptocurrency market was up to $976 billion in early hours before falling to $910 billion.
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