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Cryptocurrencies

“Bitcoin briefly tumbles below $50,000 for the first time since February” [Aug 5 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…”

https://www.cnbc.com/2024/08/05/crypto-market-today.html

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