analysis

Here is Why the Crypto Market Erased Over $120 Billion Today

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Key claims & sources

Summary in preparation.

Market reaction i

BitcoinBTC the event is about this asset

Bitcoin fell 0.7% in the 4 hours after the first headline, after rising 0.2% in the 2 hours before.

$76,098 price at the headline
+0.2% 2 h before
-0.7% 4 h after
-0.9% 12 h after
First headline

47 prices, one every 30 minutes

Coverage timeline

Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.

first
Nov 5 18:24
Coinpedia scoop
Breaks the event: $2690B
+1 d 15 h
Nov 7 09:35
Coinpedia adds
Adds $180B; brings into the story: XRP

Where this sits in the Bitcoin series

WhenWhat happenedFigure
1.1 years ago BTC at $115,227 high today it sits -35.0% from there
4 months ago BTC at $58,566 low today it sits +27.9% from there

From what we have stored, starting 1.1 years ago.