Bitcoin and Ethereum Prices Plunged on Recession Fears as Liquidations Spike

Quick Summary:

Bitcoin price plunged sharply below $62,000 and Ethereum dipped under $3,000 as the impact of recession and a poor US jobs report continues to reverberate.

Meanwhile, Ethereum fell sharply, dipping down to $2,967 after being above the $3,200 mark less than a day ago.

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Article Details

Author / Journalist: Sofiya

Category: Crypto

Markets: India

Topics: Prices Recession ETHEREUM Plunged Liquidations Spike Latest News BITCOIN Fears Bitcoin News News

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-03 @ 06:35:32 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 398 words

Reading Time: 3 minutes read

Sentences: 16 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 21903743

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About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

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News Last Updated: 10 hours ago

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