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Investigation by Bloomberg Uncovers Factors Contributing to the Drop in Prices of Bitcoin, ETH, SOL, XRP, and SHIB.

CoinGape LogoCoinGape1w ago

Investigation by Bloomberg Uncovers Factors Contributing to the Drop in Prices of Bitcoin, ETH, SOL, XRP, and SHIB. - CoinGape

Quick Summary:

The trading volumes fell for the first time in seven months after Bitcoin price plummeted from an all-time high of $73,800, reported Bloomberg on Friday.

The crypto trading volumes on major crypto exchanges tumbled massively in April.

This will be the confirmation of the post-halving Bitcoin price rally, triggering a broader crypto market rally.

More Pictures

Investigation by Bloomberg Uncovers Factors Contributing to the Drop in Prices of Bitcoin, ETH, SOL, XRP, and SHIB. - CoinGape (Picture 1) Investigation by Bloomberg Uncovers Factors Contributing to the Drop in Prices of Bitcoin, ETH, SOL, XRP, and SHIB. - CoinGape (Picture 2) Investigation by Bloomberg Uncovers Factors Contributing to the Drop in Prices of Bitcoin, ETH, SOL, XRP, and SHIB. - CoinGape (Picture 3)

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Article Details

Author / Journalist: Varinder Singh

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-05-10 @ 22:38:53 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 439 words

Reading Time: 3 minutes read

Sentences: 33 lines

Sentence Length: 14 words per sentence (average)

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

Copyright Owner: © CoinGape

News ID: 20931271

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About CoinGape

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Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 41 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #59

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The outlet is headquartered in India and publishes an average of 41 news stories per day.

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  • URL: https://beamstart.com/news/bloomberg-reveals-what-caused-bitcoin-171535193391

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