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Bitcoin Crashes Hard as the Crypto Bear Market Ramps Up!

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Crypto News:

  • Bitcoin had a major crash today going below $60K as the crypto bear market ramps up
  • BlackRock’s flagship spot bitcoin fund, IBIT, has smashed another record in terms of single-day volumes, with some $10 billion worth of value traded, according to Bloomberg ETF analyst Eric Balchunas. “$IBIT just crushed its daily volume record with $10b worth of shares traded as its price fell 13%, second-worst daily price drop since it launched.
  • Anchorage Digital is announcing a $100M strategic equity investment from Tether, implying a valuation of $4.2B.

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00:34 Bitcoin analysis

13:59 Tether Anchorage investment


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Tony E

Editor and Author at ThinkingCrypto.com