Business
Bitcoin and crypto markets crash on US crackdown reports – Yahoo Finance Australia
The drop appears to coincide with reports that the US Treasury is planning to tackle financial institutions for money laundering carried out through digital …
On Sunday, bitcoin shed nearly $8,000 and is currently trading at $55,042 down from a day high of $62,000. Photo: Getty
Bitcoin (BTC-USD) is experiencing a massive sell-off, shedding as much as 15% in the last 24 hours the biggest intraday drop since February days after hitting record highs.
In late February, bitcoin saw a retreat to as low as $43,000 amid uncertainty in the traditional markets over stimulus expectations and their positive effects on US bond yields.
The drop appears to coincide…
-
Noosa News24 hours agoCameron Hunt, 45, charged with murder after body of his wife Louise Hunt found inside their Geham home just outside Toowoomba
-
General18 hours agoWondering about winter | The Spectator Australia
-
Noosa News17 hours agoJane Bunn weather: Cyclone Errol forms as effects of Alfred still felt across Queensland
-
General24 hours agoTrump administration slammed by judge for doing ‘nothing’ to retrieve man wrongly deported to El Salvador