Bitcoin has tanked 50% in just 2 days amid coronavirus market panic - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 51%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Bitcoin has tanked 50% in just 2 days amid coronavirus market panic

The world's largest cryptocurrency tumbled another 32% early Friday, falling to $3,915. That brings its total losses in the last two days to 50% — one of the largest drops on record for the digital coin. Bitcoin pared losses after the epic drop.

The Bloomberg Galaxy Crypto Index fell as much as 49%, hitting a historic low. Other coins such as Ripple and Ethereum whiplashed, falling and then regaining some losses. "Investors are liquidating alternative assets such as Gold and Cryptocurrency to meet market obligations and build cash-reserves, a similar theme to that which occurred during the last financial crisis," Matthew Dibb, co-founder and chief operating officer of Stack, told Business Insider in an email. His expectation is that a further sell-off "will likely lead to additional downside in the cryptocurrency market and lower liquidity for spot trading and derivatives instruments.

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 729. in SE
 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

It’s controlled by CCP.

Why? How does a cold/flu do this?

Es lo más asequible que se ha vuelto.

In similar news- credit card debt & bankruptcy skyrockets among millennials

Watching the Millennials panic.

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

7 Makeup Tricks for Women Over 50, According to an Industry VeteranIn her 73 years, Sandy Linter has lived many lives as a makeup artist. From natural-looking coverage to subtle tricks that make the eyes pop, here's her guide to ageless beauty. healthyagingnet what Can you start publishing content that reflects the reality of people right now. EG how will women over an age look after their hair while on lockdown
Källa: voguemagazine - 🏆 715. / 51 Läs mer »