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Showing posts with the label Crypto stocks sink as spot volume plunges and Bitcoin tumbles below $84

Crypto stocks sink as spot volume plunges and Bitcoin tumbles below $84,000.

TL;DR Coinbase, the bellwether crypto exchange, fell for an eighth straight session on Thursday, its lowest level since May. The whole 9 yards of 💩 This is The Royal Flush speaking, here to tell you that the crypto markets are playing a high-voltage version of hot potato: crypto stocks sinking, spot volume vanishing into the ether, and Bitcoin wobbling its way under the not-so-enchanting threshold of 84,000. If you crave drama in a market that promises endless volatility, you’re getting your money’s worth today. If you crave rationality, you’re still reading the same headline over and over, just with shinier graphs to pretend there’s a plan behind the noise. Skepticism and excitement aren’t mutually exclusive here—they’re basically the open tabs you run while waiting for a trendline that actually behaves. Crypto stocks sink as spot volume plunges and Bitcoin tumbles below $84,000, reads the wall of headlines, and the theme is surprisingly consistent: liquidity is thinning out a...