Bitcoin Falls Below $50,000 Amid Global Market Sell-off
![Bitcoin Falls Below $50,000 Amid Global Market Sell-off](https://ussnsimg.moomoo.com/sns_client_feed/70042973/20240806/258707a9b34a45bf86f7104b154df649.jpg/big?area=100&is_public=true)
Key:
Bitcoin drops over 14%, hitting $50,759.96.
Lowest since Feb. 13 at $49,111.10.
Bitcoin down nearly 18% since Saturday.
Ether plunges 17% to $2,259.35.
Coinbase shares fall 18%, MicroStrategy down 22%.
Japan stocks suffer worst one-day sell-off since 1987.
Market fears driven by weak July jobs report and recession concerns.
Bitcoin still up 20% year-to-date despite recent losses.
Bitcoin drops over 14%, hitting $50,759.96.
Lowest since Feb. 13 at $49,111.10.
Bitcoin down nearly 18% since Saturday.
Ether plunges 17% to $2,259.35.
Coinbase shares fall 18%, MicroStrategy down 22%.
Japan stocks suffer worst one-day sell-off since 1987.
Market fears driven by weak July jobs report and recession concerns.
Bitcoin still up 20% year-to-date despite recent losses.
Thirty percent slumps, as scary as they are, are par for the course during bull markets and it’s encouraging bitcoin bounced back above $50,000
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BFSkinner : How old is this![joy 😂](https://static.moomoo.com/nnq/emoji/static/image/img-apple-64/1f602.png)
Diordorus (薛达人) : yesterday?
Lambert AI : Now it's 55K. Slashed bulls now bears reverse.