CandleFocus Why Is Bitcoin Down Today? BTC Price Sees Sharpest Drop in 135 Days
2024-12-19
Author: Content Editor
Bitcoin (BTC) experienced significant volatility following the Federal Reserve's monetary policy announcement, briefly dropping below $100,000 before recovering. The dip in price reflects market uncertainty as investors digest the Fed's more conservative approach to rate cuts. Over the past 24 hours, the cryptocurrency market saw over $661 million in leveraged long positions liquidated, with Bitcoin accounting for a significant portion. Altcoins like Ethereum, XRP, Solana, and Dogecoin also saw losses. Despite the recent drop, analysts maintain bullish long-term predictions for Bitcoin, with forecasts ranging from $180,000 to $250,000 by 2025.
Related News
Ethereum price crashes to key support as ETH ETF inflows surge Over 72% of PENGU holders dump all tokens immediately after launch Bitcoin trader sees 'larger' BTC price dip next month as $100K holds WhiteBIT sets new Bitcoin benchmark in a year the exchange nails $2.7 trillion in annual trading volume More Than Half of Crypto Tokens Debuted in 2024 Were Malicious: Blockaid VeChain Selects Lukka to Drive Sustainable Blockchain Adoption Bitcoin Rises Marginally, With Support At $100,000 Crypto.com Announces Extension of Sponsorship Contract with Formula 1 Is Altcoin Season at the Door? Analysts Evaluated the Possibility of Alt Bull Ethena (ENA) Defies Altcoin Bloodbath, Shines as Top Gainer SHIB Price Prediction for December 19 Bitcoin risks not holding the 100k? FTX Liquidates WLD Tokens, $16.5B Customer Refund in Focus HODL Day in crypto: How a typo became a celebration $782 Million Liquidation Tsunami Punishes XRP Bulls: Bottom Hit? Update for the TON Space wallet exiting the beta phase German watchdog orders Worldcoin to delete data collected illegally MARA Bitcoin Investment: $1.53B Spent to Acquire 15,574 BTC ‘Insane’: Crypto hodler’s at risk from Scandinavia’s tax ‘hit lists’ Human Rights Foundation Donates 700,000,000 Satoshis To Fund Bitcoin Development And Projects Expert Questions Whether Shiba Inu Reaching $0.01 Can Happen or If It’s Just a Dream—Here’s the Answer Ki Young Ju: South Korea’s Economic Crisis Could Drive Businesses Overseas Crypto thieves score big on centralized services, private keys in 2024 US urges court to uphold Sam Bankman-Fried (SBF) conviction Razzlekhan's Husband, the Bitfinex Hacker, Makes First Public Statement Since Arrest Bullish Case for SHIB: Analysts Eye $0.0000998 Target by 2025 Terra Luna Classic Votes on Proposal to Revise LUNC Burn Tax to 1.5% Gaming chains are winning over developers and players | Opinion Senate cancels vote to renominate SEC’s Crenshaw after crypto backlash Bitcoin's market cap reaches new all-time high against gold Cardano (ADA) Price Prediction for December 19 Michael Saylor Makes Bold Statements About Bitcoin (BTC) and Trump: "We Will Change Our Strategy!" Dogecoin Risks $0.35 Breakdown: Is DOGE Price Entering Bearish Territory? VIX's Second-Largest Spike in History Indicates a Local Bottom for Bitcoin: Van Straten Bank of England leaves rates unchanged as inflation climbs to eight-month high 131.2 Million SHIB Torched, But There's Big Catch Here Ripple President Sheds Key Light on RLUSD Days After Launch Ethereum (ETH) Comeback Imminent? Key Reasons Why $5,000 Is Real Again SUI Price Targets $5 Breakout Amid Reversal Chances in a Falling Crypto Market SEC’s 90-day crypto reform plan under Trump Can PENDLE Crypto Surpass $20 Amid Increased Fund Deposits, Whale Activity? Chinese Company That Is A Master At Finding Bottoms And Tops Bought This Altcoin During The Recent Drop! Binance Futures updates leverage and margin tiers for multiple USDⓈ-M perpetual contracts Bitcoin Miner Hut 8 Buys $100M BTC Boosting Total Total Stash to $1B WallStreetBets Founder Tips Cardano To Become “Official Lobbyist Currency” in 2025 Daily Market Review: BTC, ETH, ENA, MNT, CORE Polymarket controversy over Syria-Israel raises questions about decentralized betting platforms IOTA Rebased Welcomes Next Round of Testnet Validators Ripple CTO Explains Why XRP Still Matters Hoskinson Denies XRP and HBAR Inclusion in Trump’s Crypto Reserve Plan On-chain leverage through lending protocols back to levels from 2021 peak 10% of Ethereum validators signal gas limit increase Grayscale Buys Litecoin Price Dip: Will LTC Rebound? As Bitcoin (BTC) Price Drops to $98k: Will It Crash to $90k? Ark Invest sells $3.9m worth of Coinbase shares amid price drop following Powell's hawkish speech KRW Whales Accumulate USDT At 1998 IMF Crisis Level, Market Crash Ahead? Bitcoin Miners Are Expected to be Profitable in December, Jefferies Says Massive Price Drops From These Alts as BTC Slumped Beneath $100K (Market Watch) Best and Worst Memecoins Since ATH: Community vs Corporate Binance Announces New Altcoins Selected for Its Platform! Prices Take Off! USDX.Money Partners with MathWallet to Boost DeFi Accessibility FARTCOIN Goes Full Throttle, Market Cap Reaches $1 Billion Following 100% Hike Will Bitcoin Price Crash to $40,000? Ethereum (ETH) Price Prediction For December 19: Sell Signals Emerge Is an Ethereum Price Crash Imminent? Why Is Bitcoin Down Today? BTC Price Sees Sharpest Drop in 135 Days Did Powell’s hawkish speech trigger Bitcoin’s fall below $100K and $780M in liquidations? Bitcoin on Cusp of Rallying Higher as One Indicator Turns Bullish, Says Kevin Svenson – But There’s a Catch Here’s Dogecoin Price If Bitcoin Hits $325K and Ethereum $22K as Predicted by VanEck Kevin O’Leary sheds light on why CEOs ‘want to suck up to Trump’ Massive 400 Billion SHIB from Early Whale Stuns Major US Exchange Trump-Backed World Liberty Financial Swaps Its cbBTC for WBTC After Sun Joins as Adviser Chainlink: Will $17M whale activity help LINK test $25 resistance? Expert Says Bitcoin is The Best Trade You Ever See But Warns Against Leverage Use Pundit Says Don’t Sell Your XRP Until These Seven Things Happen Shiba Inu (SHIB) Whales Selling Rapidly: Details zkLink Partners with Yuliverse to Bring Web3 Gaming to Ecosystem Bitcoin Exchange Reserves Hit Record Low Could Hit $120K Soon! AZCoiner x Spores Network: Revolutionizing the Peer-to-Peer Ecosystem with 7M Users and AI-Powered Super dApps Former Tinder CEO Swipes Right on Robinhood Board Position Polygon – Assessing impact of $41.2M whale dump on POL XRP Price Crashes 5% : Should You Buy XRP Now Amid Whale Accumulation? Early Shiba Inu Investor Sells 400B SHIB in Latest Dip, Nets $9.59M Profit H3at Studios Unleashes Electrifying 3D Content to Compliment the Magic Eden ($ME) $5B Token Airdrop Dutch Entrepreneur Urges Netherlands Gov to Establish Bitcoin Reserve Here’s Why Ethena Price Surged 10% Despite Crypto Market Crash Michael Egorov Dismisses Curve DAO Liquidation Claim, CRV Dips 13% Bitcoin’s surge sparks 30% hike in mining gear prices as buyers move to Hong Kong 6,800% XRP Pump Awaits for a Price of $168 as Bitcoin Dominance Falls and Altseason Steps Closer Shiba Inu Team Explains What Shibarium Has Done for SHIB SoonChain Partners with PettAI to Revolutionize AI-Based Gaming on Layer 2 Trader Predicts ‘God Candle’ Breakout for Ethereum, Says New All-Time High Loading for One Memecoin VeChain’s Latest Patent Approval Signals Big Moves Ahead for VET The forecasts for Ripple (XRP) for 2025: the future of the crypto Binance.US Charts 2025 Comeback, CEO Norman Reed Reflects on Challenges and Plans for Growth Shiba Inu (SHIB) Whale Makes $109M Profit on SHIB, Amid Price Drop Memecoins HODLlers outnumber Bitcoin, Binance survey says Bitcoin Buyer MicroStrategy to Change Fundraising Strategy SEC vs Crypto Goes On: Will Unicoin and CyberKongz Handle It? Bank of Japan keeps interest rates unchanged for third straight meeting Crypto Market Tumbles Following Fed’s Rate Cut, Over $850 Million Liquidated Here’s How High Shiba Inu Could Go if BTC Reaches Gold’s Market Cap of $17.85 trillion Anti-Graft Agency Arrests 792 Suspects in Major Crypto Romance Scam Bust in Nigeria World’s Largest Digital Asset Company Announces It Will Offer a Fund for This Altcoin to Wealthy Clients Nexo donates 1 BTC to secure the bitcoin network & fund core development Rising Bitcoin Value Drives Mining Machine Shortages and Price Hikes $1.50 Trillion Wiped Out of US Stock Market, So Why is the Crypto Market Dumping and When Will it Recover? Hawkish Fed Has Bitcoin Market Showing Strongest Bias for Downside Protection in 3 Months Bitcoin Slips Below $100K: Is The Rally Losing Steam? Bitcoin's Astronomical Returns: 14,211 New Millionaires and 4 New Billionaires Emerge WazirX News Today: Delhi High Court Orders Fresh Probe into $235M Hack Chainalysis Scoops Up Blockchain Security Firm Hexagate Amid Surge in Crypto Hacks BTC reclaims $100K but weekly chart forming ‘bearish engulfing’ candlestick Advocacy group urges SEC rethink crypto probes and lawsuits from ‘day one’ UTXO Stack Funding Completes Series A Round Valued at $50M Delphi’s ex-finance VP sentenced to 4 years over $4.5M embezzlement Metaplanet Stock Debuts on OTCQX: A New Era for Bitcoin Strategy in the U.S. XRP’s Role in Digital Payments: A Deep Dive into Liquidity and Price Dynamics Shiba Inu Price at Inflection Point, Why to Buy SHIB Now Despite Selloff by Whales? Bitcoin Exchange Holdings Plummet: 200K BTC Withdrawn in 60 Days Ethereum Price Forecast: ETH plunges 6% following Fed rate decision, eyes a bounce at the $3,550 level Avara’s Lens secures $31M for SocialFi-focused L2 blockchain TRON Founder Justin Sun Pressures CoinDesk to Remove Controversial Article El Salvador secures IMF deal as Bitcoin acceptance turns voluntary Mint Unleashes 50M $MINT and 750K $OP to Accelerate NFT Innovation Trump Delivers Speech at Washington Crypto Policy Summit Binance SOL Liquid Staking Token Surpasses $1 Billion in Total Value Locked Bitcoin Hits $99,997 Low as Crypto Market Faces Sharp Declines XRP Lawsuit: John Reed Stark Says Judge Torres Was ‘Mistaken,’ Slams Ripple Decision First blockchain-powered fleet in the Philippines launched Watch Out: Shiba Inu (SHIB) Team Issues a Crucial Warning to the Community Cryptocurrency Market Today Dec 19: BTC Falls Below $100K, Altcoins Crash After Fed Rate Cut Bitcoin drops below $100,000 after Fed Chair Powell’s comment against BTC reserve Mint Unleashes 50M $MINT and 750K $OP to Accelerate NFT Innovation Bitcoin sinks below $100,000, altcoins tumble following Fed’s hawkish signals XRP Price Prediction For December 19 EthStorage and QuarkChain Collaborate to Unveil ‘Super World Computer’ Uniswap Price Bearish Pattern Emerges as Whale Selling Threatens $10 Level First 90 Days SEC Policy Overhaul Agenda Under Donald Trump Play-to-Earn Declines as Blockchain Gaming Shifts to Ecosystem Integrations Polygon rejects proposal to bridge funds into Morpho to drive DeFi growth Sky doubles down on token overhaul: Making MKR unusable, launching subDAOs Bitcoin (BTC) New Year Rally Ended? Ethereum (ETH) Crucial Bearish Pattern, Dogecoin (DOGE): Down Even More American Strategic Bitcoin Reserve: Pros, Cons, and Possibilities SunPump Partners with Meme City to Redefine Memecoin Ecosystem BlackRock sparks Bitcoin 21M debate, saying ‘no guarantee’ it won’t change Is Ethereum Price Going Parabolic? Long-Term Holders Signal 'Greed Mode' Bitcoin sees wealth shift from long-term holders to new investors – Glassnode Ripple Whales Accumulate $78M in XRP as Price Targets $4.50 Bitcoin, Crypto Eye Recovery as Analysts Bet on Resilience Despite Fed’s Hawkish Pivot New Pro-Crypto SEC Commissioner Likely After Crenshaw Fails Senate Re-Nomination Sellers Take Over Dogwifhat (WIF) as Price Drops 11% Bitwise CIO Matt Hougan Says Ethereum To Outpace Solana in 2025, Here’s Why