EPISODE · Aug 5, 2024 · 31 MIN
Crypto Carnage Unleashed: $500 Billion Vanishes as Bitcoin Plummets Below $50K
from RARE BITS · host beatbroker
The crypto market is reeling from a massive selloff, with the total market cap plunging below $2 trillion and over $500 billion evaporating since Friday. Bitcoin has crashed to under $50,000, its lowest point since mid-February, while altcoins face even steeper declines. Amidst this turmoil, Robinhood halts 24-hour trading, Chris Burniske maintains an optimistic $1,000 price target for Solana, and speculation swirls around Ripple's new stablecoin and its potential impact on the SEC lawsuit. Meanwhile, the Miladycraft Minecraft server continues to blend gaming with social commentary, and Elon Musk's cryptic message ignites fresh speculation in the crypto community. HOW CAN SUPPORT? SUBSCRIBE: RARE BITS PODCAST WATCH: RAREBITS LIVE YOUTUBE READ: RARE BITS SUBSTACK Follow on X: BEATBROKER RARE BITS LIVE GET SOME MERCH RARE BITS GEAR:RARE BITS MERCH
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Crypto Carnage Unleashed: $500 Billion Vanishes as Bitcoin Plummets Below $50K
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