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Bitcoin Plunges Below $84K after $115B Sell-Off Wipes Out Weekly Gains

CoinDesk LogoCoinDesk6d ago

Bitcoin Plunges Below $84K after $115B Sell-Off Wipes Out Weekly Gains - CoinDesk

Quick Summary:

Ethereum's ETH hit its weakest price against bitcoin in almost five years as macroeconomic concerns added pressure to risk assets.

Ethereum's ether (ETH) declined over 6% to extend its downtrend against BTC, falling to its weakest relative price to the largest cryptocurrency since May 2020.

Today's sell-off wiped out $115 billion of the total market value of cryptocurrencies, TradingView data shows.

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Bitcoin Plunges Below $84K after $115B Sell-Off Wipes Out Weekly Gains - CoinDesk (Picture 1)

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Article Details

Author / Journalist: Krisztian Sandor

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-28 @ 21:08:30 (6 days ago)

News Timezone: GMT -5:00

News Source URL: coindesk.com

Language: English

Article Length: 497 words

Reading Time: 3 minutes read

Sentences: 28 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinDesk

News ID: 27483188

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About CoinDesk

CoinDesk Logo

Main Topics: Crypto

Official Website: coindesk.com

Update Frequency: 26 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 10 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #8

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The story "Bitcoin Plunges Below $84K after $115B Sell-Off Wipes Out Weekly Gains" was covered 6 days ago by CoinDesk, a news publisher based in United States.

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The outlet is headquartered in United States and publishes an average of 26 news stories per day.

It's most recent story was published 10 hours ago.

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  • News ID: #27483188
  • URL: https://chronographically.beamstart.com/news/bitcoin-plunges-below-84k-after-17434335863769

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