“Bitcoin briefly tumbles below $50,000 for the first time since February” [Aug 5 2024]
August 8, 2024
“Bitcoin dipped to $49,111.10 at one point — its lowest level and first time under $50,000 since February — after trading close to $70,000 a week ago.
The moves follow a broader market sell-off that began last week, when a weaker-than-anticipated July jobs report renewed investor fears of a recession.
Crypto companies Coinbase and MicroStrategy were among the hardest-hit stocks…”