‘Violent Repricing’—Bitcoin Suddenly Plunges As ‘Cascade’ Price Crash Fed Warning Hits Ethereum, XRP And Crypto
Bitcoin has fallen sharply, dropping 12% from its August peak to its lowest level since early July amid a stark warning the bitcoin price could crash much further.
Sign up now for CryptoCodex—A free newsletter for the crypto-curious
The bitcoin price plummeted towards $109,000 per bitcoin after hitting an all-time high of over $124,000 per bitcoin just this month (leading to Harvard economist Kenneth Rogoff admitting he got bitcoin wrong ten years ago) and hitting ethereum, XRP and other major cryptocurrencies to the tune of almost $200 billion.
Now, as traders say they’re seeing surprising signs the bitcoin price rally could be over, fears of a wider bitcoin price and crypto crash are growing.
