Sudden crypto market drop sends bitcoin below $22,000

Bitcoin and ether ended Thursday within the purple, however ether has surged greater than 100% since mid-June.

Yu Chun Christopher Wong | S3studio | Getty Images

Bitcoin on Friday fell to its lowest stage in additional than three weeks, dipping below $22,000 amid a sudden crypto sell-off in early European buying and selling. 

Bitcoin briefly plunged from $22,738 to below $21,500 at 2:30 a.m. ET, in response to CoinDesk information, earlier than recovering barely to only below $22,000 over a 10-minute interval.

It comes shortly after the world’s largest digital coin surpassed the $25,000 stage for the primary time since June following an increase in U.S. shares.

Ether fell from $1,808 to $1,728 on the identical time earlier than staging a muted rebound. By 3:05 a.m. ET, it stood at $1,733, a stage it has not traded at since Aug. 10. 


  1. […] Sudden crypto market drop sends bitcoin below $22,000 […]


Please enter your comment!
Please enter your name here

Popular Posts

Amazon closes some warehouses in Florida as Hurricane Ian approaches

Packages transfer alongside a conveyor at an Amazon success middle on Cyber Monday in Robbinsville, New Jersey, U.S., on Monday, Nov. 29, 2021.Michael Nagle...

Crypto exchange FTX is replacing its U.S. president

Brett Harrison, FTXSource: CNBCBrett Harrison, the U.S. president of the crypto exchange FTX, introduced his resignation on Tuesday, with the corporate within the midst...

Senators Push to Reform Police’s Cellphone Tracking Tools

NEW YORK (AP) — Civil rights attorneys and Democratic senators are pushing for laws that might restrict U.S. regulation enforcement businesses’ skill to purchase...

ESL’s Snapdragon Pro Series to expand esports offerings in Season 2

Interested in studying what's subsequent for the gaming trade? Join gaming executives to focus on rising components of the trade this October at GamesBeat...

NASA’s Artemis 1 moon mission likely delayed to November

NASA's big Artemis 1 moon rocket is rolled again to the Vehicle Assembly Building off its lauchpad, after suspending the much-anticipated mission a 3rd...