BlockBeats News, January 19 — The cryptocurrency market experienced a “flash crash” early Monday morning, with Bitcoin dropping as much as 3.79% within one hour. The price fell from around $95,500 to a low of $91,900, and has now recovered to around $92,800.
Meanwhile, gold and silver surged significantly, and stock index futures fell by 1%:
At the market open on Monday, spot gold and silver jumped sharply, hitting new all-time highs, while Nasdaq futures declined by 1%. Over the weekend, Trump issued a tariff threat regarding Denmark’s autonomous territory of Greenland, and reports indicate that multiple EU countries are considering imposing tariffs on European exports worth €93 billion.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
CleanSpark sells 97% of February Bitcoin production to fund $36.65 million AI transformation
CleanSpark produced 568 Bitcoins in February, sold 553, setting a new sales ratio high, and generated approximately $36.65 million in cash to support expansion into AI and high-performance computing data centers. Currently holds 13,363 Bitcoins, with operational computing power reaching 50 EH/s, accounting for 7% of the global total computing power.
GateNews4m ago
PsiQuantum begins building a million-qubit quantum computing facility, scientists say it is enough to crack Bitcoin encryption technology
PsiQuantum announces the launch of a million-qubit special computing facility, and scientists believe it could crack Bitcoin encryption, although the company's founders state they have no intention of using this technology to attack Bitcoin. Research indicates the potential risk is limited to approximately 10,230 Bitcoins.
GateNews5m ago
Bitcoin ETFs Draw $462M as BTC Briefly Hits $73K
US spot Bitcoin ETFs saw renewed demand on Wednesday, with inflows broad-based across major issuers as BTC briefly breached the $73,000 level. Net inflows into spot BTC funds reached $462 million for the day, marking the third consecutive day of net buying and lifting the weekly total to
CryptoBreaking6m ago
Senator Lummis discusses digital asset market structure legislation with CFTC Chair, emphasizing the urgency of advancement
On March 6th, Senator Cynthia Lummis met with CFTC Chairman Michael Selig to discuss legislation on digital asset market structure. Lummis emphasized the urgency of the legislation and looks forward to continued collaboration with the CFTC on integrating digital assets.
GateNews8m ago
