• About us
  • Privacy Policy
  • Editorial Policy
  • Contact
Monday, July 4, 2022
  • Login
No Result
View All Result
The Manchester Times
8 °c
Manchester
  • Home
  • News
  • Politics
  • Business
  • Health
  • Science
  • Tech
    Racing driver Abbie Eaton on inclusion in the sport: ‘It’s better than when I started but we need to keep pushing’

    Racing driver Abbie Eaton on inclusion in the sport: ‘It’s better than when I started but we need to keep pushing’

    Self-made rich people are less sympathetic to the poor, says study

    Self-made rich people are less sympathetic to the poor, says study

    Toyota recalls electric cars over concerns about loose wheels

    Toyota recalls electric cars over concerns about loose wheels

    Facebook asked to introduce option to list more than one romantic partner

    Facebook asked to introduce option to list more than one romantic partner

    Huge scamming ring smashed with 2,000 arrests and £40,000,000 seized

    Huge scamming ring smashed with 2,000 arrests and £40,000,000 seized

    Nasa launches its first UFO study for ‘national security and air safety’

    Nasa launches its first UFO study for ‘national security and air safety’

  • Travel
  • Sports
  • Lifestyle
    • All
    • Fashion
    • food
    • Travel
    Why are ice creams with flakes called 99s?

    Why are ice creams with flakes called 99s?

    A 48-hour itinerary for experiencing the authentic Algarve – without a golf club in sight

    A 48-hour itinerary for experiencing the authentic Algarve – without a golf club in sight

    I’m a grandma-of-8 and you’ve been making brownies all wrong… everyone loves my secret hack

    I’m a grandma-of-8 and you’ve been making brownies all wrong… everyone loves my secret hack

    How do you cancel an easyJet flight?

    How do you cancel an easyJet flight?

  • Entertainment
    Guardians Of The Galaxy lead writer now works at BioWare

    Guardians Of The Galaxy lead writer now works at BioWare

    Millions of PS5 gamers warned – three simple mistakes could get you BANNED

    Millions of PS5 gamers warned – three simple mistakes could get you BANNED

    PS5 Console: UK restock dates, where to buy and more

    PS5 Console: UK restock dates, where to buy and more

    Is Steam down? How to check problems and updates

    Is Steam down? How to check problems and updates

    Activision Blizzard investigates itself over toxic workplace – decides it did nothing wrong

    Activision Blizzard investigates itself over toxic workplace – decides it did nothing wrong

    Real Inked Project

    The Real Inked Project Launches their Art book and the Deck of Cards on Kickstarter

    Digitizing Your VHS Tapes

    Call of Duty: Modern Warfare II: How can I preorder the game?

    Call of Duty: Modern Warfare II: How can I preorder the game?

    Xbox showcase will not feature Fable or Perfect Dark claims insider

    Xbox showcase will not feature Fable or Perfect Dark claims insider

  • Covid-19*
  • Real Estate
  • More
    • Crypto
    • Press Release
  • Home
  • News
  • Politics
  • Business
  • Health
  • Science
  • Tech
    Racing driver Abbie Eaton on inclusion in the sport: ‘It’s better than when I started but we need to keep pushing’

    Racing driver Abbie Eaton on inclusion in the sport: ‘It’s better than when I started but we need to keep pushing’

    Self-made rich people are less sympathetic to the poor, says study

    Self-made rich people are less sympathetic to the poor, says study

    Toyota recalls electric cars over concerns about loose wheels

    Toyota recalls electric cars over concerns about loose wheels

    Facebook asked to introduce option to list more than one romantic partner

    Facebook asked to introduce option to list more than one romantic partner

    Huge scamming ring smashed with 2,000 arrests and £40,000,000 seized

    Huge scamming ring smashed with 2,000 arrests and £40,000,000 seized

    Nasa launches its first UFO study for ‘national security and air safety’

    Nasa launches its first UFO study for ‘national security and air safety’

  • Travel
  • Sports
  • Lifestyle
    • All
    • Fashion
    • food
    • Travel
    Why are ice creams with flakes called 99s?

    Why are ice creams with flakes called 99s?

    A 48-hour itinerary for experiencing the authentic Algarve – without a golf club in sight

    A 48-hour itinerary for experiencing the authentic Algarve – without a golf club in sight

    I’m a grandma-of-8 and you’ve been making brownies all wrong… everyone loves my secret hack

    I’m a grandma-of-8 and you’ve been making brownies all wrong… everyone loves my secret hack

    How do you cancel an easyJet flight?

    How do you cancel an easyJet flight?

  • Entertainment
    Guardians Of The Galaxy lead writer now works at BioWare

    Guardians Of The Galaxy lead writer now works at BioWare

    Millions of PS5 gamers warned – three simple mistakes could get you BANNED

    Millions of PS5 gamers warned – three simple mistakes could get you BANNED

    PS5 Console: UK restock dates, where to buy and more

    PS5 Console: UK restock dates, where to buy and more

    Is Steam down? How to check problems and updates

    Is Steam down? How to check problems and updates

    Activision Blizzard investigates itself over toxic workplace – decides it did nothing wrong

    Activision Blizzard investigates itself over toxic workplace – decides it did nothing wrong

    Real Inked Project

    The Real Inked Project Launches their Art book and the Deck of Cards on Kickstarter

    Digitizing Your VHS Tapes

    Call of Duty: Modern Warfare II: How can I preorder the game?

    Call of Duty: Modern Warfare II: How can I preorder the game?

    Xbox showcase will not feature Fable or Perfect Dark claims insider

    Xbox showcase will not feature Fable or Perfect Dark claims insider

  • Covid-19*
  • Real Estate
  • More
    • Crypto
    • Press Release
No Result
View All Result
The Manchester Times
No Result
View All Result

Bitcoin plummets by 20% overnight as markets panic over Omicron strain

December 4, 2021
in Tech


??stanbul, Turkey - January 24, 2018: Close up shot of bitcoin memorial coin a financial drop graph. Bitcoin is a crypto currency and a worldwide payment system.
It’s been a tough week for markets in general, with Bitcoin taking a huge hit overnight (Picture: Getty Images)

Bitcoin plunged in value overnight as concerns over the Omicron variant took their toll on financial markets.

The world’s biggest cryptocurrency fell as low of around $42,000 (£32,500) overnight.

It sharply crashed by 26% from a value of $57,000 (£43,000) yesterday morning and despite making some gains later, it is still down by 17% at $47,000 (£35,500).

It follows a volatile week, not just for cryptocurrencies, but for markets in general, as investors remain on edge about the Omicron variant.

Economic growth projections from the International Monetary Fund are likely to be downgraded due to the new strain, which has led to fresh travel restrictions across the world.

Other cryptocurrencies also plunged, with Ether, the coin linked to the Ethereum blockchain network, plunging by more than 10%.

More: Technology

zone post image for post 15708060

Microsoft warns billions of Google Chrome users to stop using it now

zone post image for post 15715833

Bitcoin plummets by 20% overnight as markets panic over Omicron strain

zone post image for post 15681961

Tech firm will pay you £150,000 to sell your identity to its robots

Figures from trading platform Coinglass showed nearly $1billion (£755,000) worth of cryptocurrencies had been sold off over the past 24 hours.

But it’s not all bad news if you’ve been toying around with the idea of investing, says Justin d’Anethan, Hong Kong-based head of exchange sales at the EQONEX cryptocurrency exchange.

He adds: ‘If anything, this is the opportunity to buy the dip for many investors who might have previously felt like they missed the boat.

‘We can see Tether bought at a premium, suggesting people are getting cash ready, within the crypto space, to do just that.’

Get in touch with our news team by emailing us at [email protected].

For more stories like this, check our news page.



Source link

Next Post
Weekend Hot Topic: Best acting in a video game

Weekend Hot Topic: Best acting in a video game

Popular News

‘He’s completely sold us out’  – Commons anger over scrapped HS2 plans

‘He’s completely sold us out’ – Commons anger over scrapped HS2 plans

8 months ago
What publishers need to do now to protect online advertising revenue

What publishers need to do now to protect online advertising revenue

10 months ago
Apple ‘to start selling £148 iPhone THIS year in shocking price cut’

Apple ‘to start selling £148 iPhone THIS year in shocking price cut’

4 months ago
PS5 deal could be your last chance to get console before Christmas

PS5 deal could be your last chance to get console before Christmas

7 months ago
11 things to remember for university this year

11 things to remember for university this year

9 months ago
Explained – The UK’s new wind power strategy

Explained – The UK’s new wind power strategy

3 months ago
PS5 stock: When will PlayStation 5 be available at Argos, GAME, Currys, Amazon and Very?

PS5 stock: When will PlayStation 5 be available at Argos, GAME, Currys, Amazon and Very?

1 year ago
  • About us
  • Privacy Policy
  • Editorial Policy
  • Contact

All Rights Reserved© 2021 Manchester Times

No Result
View All Result
  • Home
  • Politics
  • News
  • Business
  • Science
  • Entertainment
  • Sports
  • Fashion
  • Lifestyle
  • Travel
  • Tech
  • Health
  • Food

All Rights Reserved© 2021 Manchester Times

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In