1Bitcoiner.com on Nostr: 5 Aug 24 - 📉 In a crash dubbed "Crypto Black Monday," Bitcoin fell below $50,000 ...
5 Aug 24 - 📉 In a crash dubbed "Crypto Black Monday," Bitcoin fell below $50,000 for the first time in February amid a global stock market rout. Bitcoin rebounded to $54,000, down 10%, while other major cryptos lost around 20%. Concerns about a US recession and the unwinding of the yen carry trade are key factors.
Published at
2024-08-05 15:46:51Event JSON
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"content": "5 Aug 24 - 📉 In a crash dubbed \"Crypto Black Monday,\" Bitcoin fell below $50,000 for the first time in February amid a global stock market rout. Bitcoin rebounded to $54,000, down 10%, while other major cryptos lost around 20%. Concerns about a US recession and the unwinding of the yen carry trade are key factors.",
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