Bitcoin Now Braced For A ‘Black Swan’ Shock After $2 Trillion Terra Luna-Led Ethereum, BNB, XRP, Solana, Cardano And Dogecoin Price Crash
— Bitcoin, Trillion, Price, Prices, Swan, Market, Solana, Terra, Shock, Lunaled — 1 min read
Bitcoin BTC and cryptocurrency prices have struggled to maintain momentum after rallying through the first week of July, partly due to some surprisingly bullish data. The bitcoin price climbed to over $22,000 per bitcoin before dropping back amid a sudden wave of optimism. The ethereum price and other top ten cryptocurrencies BNB BNB, XRP XRP, solana, cardano and dogecoin have also stalled. Now, after crypto billionaire Sam Bankman-Fried issued a dire market crash warning, the crypto prices are braced for what some have called an unpredictable and potentially severe "black swan" event as $3 billion worth of bitcoin could suddenly flood the market. Many in the bitcoin and crypto space remain upbeat despite the sudden sell-off. Source