Bitcoin Dives Below ,000 Amid Global Stock Market Crash

Bobby Cirus

Bitcoin Dives Below $56,000 Amid Global Stock Market Crash

BTC briefly fell to $55,500, its lowest since Aug. 8, erasing nearly all of the gains made over the past month. The broader market tracked by CoinDesk 20 (CD20), a liquid index that tracks the largest tokens by market capitalization, fell nearly 6%. Major tokens Solana’s SOL and ether (ETH) fell more than 7%, leading losses.

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