Bitcoin in focus, as halving takes center stage
Crypto investors shift focus to the Bitcoin halving event coming in just a few days as volatility returns to the market. Bitcoin halving will reduce the mining reward per block (from 12.5 BTC to 6.25 BTC) to maintain the supply. Bitcoin crashed almost 50% in March, but the price rebounded to reach the $9,000 mark. Bitcoin’s hash rate also recovered to reach close to an all-time high
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Bitcoin crashes amid coronavirus panic
Bitcoin crashes amid coronavirus panic
Bitcoin, the cryptocurrency that brought blockchain technology to the public eye in 2017 after hitting a historic milestone exchange rate of around 20,000 USD per BTC, has lost most of its regained value over the last week, crashing to as low as 3850 USD per BTC on Luxembourg's Bitstamp exchange, marking a massive 50 percent loss in value over the previous day, which may signal a fall below 1,000 USD.
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Robinhood app crashes amid the stock market collapse
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TechCrunch
BTC plunges as world markets collapse
BTC plunges as world markets collapse
Despite the popular view of Bitcoin and cryptocurrency as a safe haven from world market volatility, BTC prices fell from their temporary rally at $9,100 to the $7,800 mark, with cryptocurrency watchdog Whaletrades reporting a sale of more than $21 million in BTC at $7,800, followed by multiple trades totaling more than $11 million at $7,850 to $7,800 per BTC.
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Bitcoinist