{"id":505830,"date":"2024-04-13T09:24:39","date_gmt":"2024-04-13T09:24:39","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=505830"},"modified":"2024-04-16T16:40:41","modified_gmt":"2024-04-16T16:40:41","slug":"bitcoin-price-prediction-the-flash-crypto-crash-sees-btc-plunge-almost-5-but-the-99btc-learn-2-earn-crypto-ico-hurtles-towards-1m","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/bitcoin-price-prediction-the-flash-crypto-crash-sees-btc-plunge-almost-5-but-the-99btc-learn-2-earn-crypto-ico-hurtles-towards-1m","title":{"rendered":"Bitcoin Price Prediction: The Flash Crypto Crash Sees BTC Plunge Almost 5%, But The $99BTC Learn-2-Earn Crypto ICO Hurtles Towards $1M"},"content":{"rendered":"

The Bitcoin price plunged almost 5% in the last 24 hours <\/span>to trade at $67,187<\/span><\/a> as of 11:11 p.m. EST on trading volume that surged 57% to $47 billion.<\/span><\/p>\n

The crash coincided with a drop in the U.S. stock market trading session after data indicated that inflation had accelerated for a third consecutive month. Analysts said stubborn <\/span>inflationary pressures, geopolitical tensions, and the Fed’s quantitative tightening efforts threaten an otherwise positive economic outlook.<\/span><\/p>\n

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📈 Market Update: U.S. Stocks Decline Over 1% as Fed Takes Cautious Stance<\/p>\n

In a volatile trading session on Thursday, the three major U.S. stock indexes experienced significant declines, with the S&P 500 marking its largest drop since mid-February. This downturn was fueled by…<\/p>\n

— Lucia (@lucia722) April 5, 2024<\/a><\/p><\/blockquote>\n