Crypto crash

New York: Bitcoin extended losses, dropping below $30,000 for the first time since July 2021, putting its decline from a November record high to more than 55% amid a global flight from riskier investments. The world's largest digital…

New York: The global cryptocurrency market capitalisation dropped to $1.6 trillion from $1.7 trillion during the last 24 hours while the trading volume rose from $126 billion to $130 billion. The decentralised finance (DeFi)…

Moscow: Bitcoin’s price fell below the $40,000 threshold this week after crypto market prices plunged in the wake of the Russian central bank’s proposal to ban cryptocurrencies in the country. A massive sell-off on Friday in the…