---
title: "Bitcoin dips below $50K: Crypto market crashes 17%"
url: https://diffcoin.com/bitcoin-dips-below-50k-crypto-market-crashes-17/
description: "BTC dominance hits 58% as the cryptocurrency market suffers a 17% drop, leading to a market cap of $1.76 trillion. Source link"
published: 2024-08-05
updated: 2024-08-05
author: "Mila"
site: "Diffcoin"
---

# Bitcoin dips below $50K: Crypto market crashes 17%

BTC dominance hits 58% as the cryptocurrency market suffers a 17% drop, leading to a market cap of $1.76 trillion.

[Source link](https://cointelegraph.com/news/bitcoin-breaks-below-50000-august-2024?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)