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Bitcoin plunges again as crypto value falls by 2 trillion and traders panic

Economy
Published on 24 April 2026
Bitcoin plunges again as crypto value falls by 2 trillion and traders panic

Fed policy chatter spooked both stocks and metals

Bitcoin took a sharp nosedive on Thursday, dragging the broader crypto market as value slid by about $2 trillion. A wave of red spread beyond digital assets, hitting tech stocks and even precious metals. The selloff deepened as investors grew wary over potential shifts in Federal Reserve policy, undercutting risk appetite across markets.

  • Bitcoin fell sharply, triggering wider crypto market losses
  • Crypto market value dropped by around $2 trillion
  • Tech stocks and precious metals also sold off
  • Federal Reserve policy talk worsened investor sentiment
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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