Bitcoin Plunges Below $20,000 as Another U.S. Bank Sparks Global Market Sell-Offs | CoinMarketCap

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cryptonews: Bitcoin's price has sunk below $20,000 — down 8% over the past 24 hours. 📉

There have been widespread sell-offs in the global markets after the health of U.S. banks came into sharp focus.

Investors were spooked after SVB announced that it was going to hold a $2.25 billion share sale — prompting some customers to speedily withdraw their deposits. There are now fears of a bank run at SVB, with the company's chief executive urging clients to "stay calm." When it comes to crypto-specific issues that may be dragging down prices, there has been some alarm at President Joe Biden's proposals to impose a 30% tax on crypto miners, which would be based on the cost of the electricity they use.

 

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I'm glad I was able to buy more cheap bitcoin in bitfinex via ownr

More cheap sats 😋

Good.

Hear us now as well! We want humansdotai info verified, because is holding down the adoption, and the CMC Rank is not true to the figures!”

ReplyGPT buy, hold or sell bitcoin?

Yeah everyone thinks it's bad

KENNEL's price has pumped 65% from the bottom.

We're going on a bear hunt. I'm not scared.

Someone at DigiFinex stole my Evmos. Just a bunch of thieves and scammers like SBF FTX - Do Kwon criminals.

Load up the dip👌

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