Bitcoin owners are bellyaching about its plunge, but the digital currency's volatility is no more extreme than that of stocks

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 97%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

OPINION: Bitcoin enthusiasts might want to be careful what they wish for when urging it and other cryptocurrencies be viewed as a full-fledged asset class. Not only can the market’s judgment of an asset be very harsh, it can remain that way for years.

Some bitcoin owners are complaining about the cruel and unfair twists of fate that have led the cryptocurrency to plunge in recent days.

In a five-day period from last weekend to its Wednesday low, as cryptocurrency exchange FTX unraveled, bitcoin BTCUSD fell nearly 30%. And that came on top of the huge loss it had suffered in the previous year.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Lol bellyaching? Bra the people you're talking to aren't bitcoiners

“Bitcoin enthusiasts” is a nice word for cultist scammers.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bitcoin Price Outlook for November — FTX Crisis Fuels Bearish Momentum – Market Updates Bitcoin NewsThe turmoil surrounding FTX, and it's all-but confirmed collapse has impacted bitcoin, which recently fell to a two year low. So what next? Ok cool, I have recently started using ChiefraFba for signals, his accuracy is INSANE! With sincere gratitude in my heart I’m doing this open testimony so others will know what crypto_kings0 did for me and they should also join the winning team crypto_kings0 It's OK with me. It's all about the long term anyway, I won't sellbtc, maybe spend more tether and any spare money on cheap bitcoin
Source: BTCTN - 🏆 531. / 51 Read more »