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Bitcoin plunged over 4% on Thursday, falling as low as $106,290, as crypto traders reacted to signals from both the Federal Reserve and President Donald Trump. In short, crypto world seems nervous about the future.
Bitcoin hit a record high of $125,245 on Oct. 5, prompting many crypto optimists to make wild predictions that it could just continue to go up forever. But that line of thinking hasn’t worked out in recent weeks, especially after a flash crash two weeks ago that wiped out billions.
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Bitcoin plunged over 4% on Thursday, falling as low as $106,290, as crypto traders reacted to signals from both the Federal Reserve and President Donald Trump. In short, crypto world seems nervous about the future.
Bitcoin hit a record high of $125,245 on Oct. 5, prompting many crypto optimists to make wild predictions that it could just continue to go up forever. But that line of thinking hasn’t worked out in recent weeks, especially after a flash crash two weeks ago that wiped out billions.
…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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