Over the last week the crypto market has almost eroded nearly 900 billion following a major crackdown from China. Economic uncertainties from the.
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The markets have witnessed a bloodbath in the past 24 hours with the top cryptocurrencies experiencing a significant dip between 6 to 10.
Crypto market is tanking. The crypto market experienced one of its worst days in history with a nearly 50 one-day drop in the price of bitcoin. Lift your spirits with funny jokes trending memes entertaining gifs. On Sunday May 23 the cryptocurrency market has extended its weekly losses further tanking another 14 and moving to a 3-month low of under 135 trillion.
The Real Reason Elon Musk Tanked the Crypto Markets. Bitcoin and the wider cryptocurrency market including ethereum Ripples XRP and cardano were hit by a sudden flash crash early Sunday morning tanking prices though Elon. Bitcoin fell 50 from its highs and more than 1 trillion in wealth was wiped from the market in a week.
If youve been paying attention to the cryptocurrency markets lately youll know that Bitcoin Ethereum and even altcoins like Dogecoin are surging in popularity. Alt coins and DeFi platforms are experiencing similar issues as well. A crypto crash is underway with several of the most popular cryptocurrencies taking a beating as investors react to certain changes.
Crypto Market Tanks Under 14 Trillion BTC Down 7 ETH Down By 9 Its not a pleasant Sunday for crypto investors as theres a fresh bloodbath all over the Satoshi Streets. This resulted in a significant decline in the global cryptocurrency market cap. Since China further stepped up its crackdown on crypto last week the cryptocurrency market has been tanking under soured mood with brutal institutional selloff leaving retail traders to hold the bag.
Crypto Market Tanks 14 to 3-Month Low Under 135 Trillion Ethereum ETH Under 2000. Bitcoin itself has hit a. Discover the magic of the internet at Imgur a community powered entertainment destination.
The global cryptocurrency market lost hundreds of billions of dollars in value after Tesla CEO Elon Musk said his company was suspending the use of bitcoin for vehicle purchases a report said. The overall cryptocurrency market is down 839 slipping under 14 trillion as of writing this story. After going down by 5 it now stands at 171 trillion.
Prices of Ether ETHUSD -2325 on the ethereum blockchain were off 22 at 260884 after touching an intraday nadir at 190208 and dogecoin DOGEUSD -2393 was. On May 12 Elon Musk sent a tweet that shocked the crypto markets. BTC has tanked over 185 over the last seven days and was down over 6 on a 24-hour basis.
Economic uncertainties from the coronavirus pandemic and liquidity crunches have caused massive selloffs of bitcoin and other cryptocurrencies. With the sudden 1520 drop in the crypto markets yesterday that came after the announcement of the BCH fork date I can bet that many blockchain company executives are chewing their fingernails. Ethereum has dropped 20 under 2000 registered a nearly 60 correction from its all-time high of 4400.
The crypto market experienced one of its worst days in history with a nearly 50 one-day drop in the price of bitcoin. Musk first tanked the market when he went on Saturday Night Live on May 8 and joked about cryptos even calling dogecoin a hustle. Bitcoin and many other cryptocurrencies took a wicked tumble.
What followed was a crypto reckoning. Overall crypto market loses 250 billion with Bitcoin BTC going all the way to 33000. This cannot be called anything but a precursor to another crash the one that happened in April.
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