Tag: bitcoin price crash

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BlackRock has more to lose from a BTC price crash pre-Bitcoin ETF

August 22, 2023

The notion that BlackRock gains from cheaper Bitcoin for its ETF launch isn’t straightforward, neither is the government’s suppression of BTC price. Numerous theories emerge whenever the price of Bitcoin (BTC) takes a sudden and steep drop. The usual suspects include government regulations, the possibility of exchanges manipulating prices, Bitcoin whales manipulating prices, over-leveraged traders,…
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Why did Bitcoin drop? Analysts point to 5 potential reasons

August 18, 2023

Bitcoin’s price fell approximately 8% in a span of 10 minutes, leaving crypto investors scrambling to make sense of the drop. Elon Musk’s SpaceX reportedly selling its Bitcoin (BTC) holdings, the bankruptcy of a Chinese property giant, and fears of interest rate hikes have been among the theories raised as to Bitcoin’s freak price dip.…
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