Crypto Crash Alert: Bitcoin (BTC)Price Might Drop To $50K This Weekend

The post Crypto Crash Alert: Bitcoin (BTC)Price Might Drop To $50K This Weekend appeared first on Coinpedia Fintech News Bitcoin fell 3% to $56,000 (76 million won) on Friday amid concerns over a U.S. economic slowdown and heightened market anxiety before August’s employment data release. A Bitfinex report predicts a possible 20% drop to $40,000 if the Federal Reserve raises interest rates by 50 basis points this month. The crypto market is expected to …