Bitcoin value tumbles almost 50% since record November

Price of Bitcoin Collapses

“A dramatic sell-off in Bitcoin and other cryptocurrencies has outpaced a marked retreat in the U.S. stock market, as the Federal Reserve’s pivot from emergency support spooks investors who piled into highflying but risky assets during the pandemic,” the Washington Post reports.CNN: “Investors are getting jittery about digital currencies and other riskier assets ever since the US Federal Reserve signaled it may unwind economic stimulus more aggr…

Bitcoin drops more than 50% in value since November

A report shows that Bitcoin has lost more than 50 per cent of its market value since last November According to a report from Bloomberg, the value of Bitcoin, the world’s biggest and best-known cryptocurrency, has fallen more than 50 per cent since hitting a record high last November. This can only add further momentum […]The post Bitcoin drops more than 50% in value since November appeared first on Euro Weekly News Spain.

Bitcoin loses half its value since hitting record high

Bitcoin extended its decline on Saturday, and has shed more than 50 per cent from its record high in November while adding further momentum to the meltdown in cryptocurrencies.

Bitcoin Has Lost Half Its Value Since Hitting Record High

Bitcoin extended its decline on Saturday, and has shed more than 50% from its record high in November while adding further momentum to the meltdown in cryptocurrencies.“Margin positions being liquidated caused a wave of additional sell pressure, as assets that had been held as collateral were forcibly sold to pay for margin loans,” said Hayden Hughes, chief executive officer at Alpha Impact in Singapore.Bitcoin’s decline from its peak has wiped …

Bitcoin value tumbles almost 50 per cent since record November

Bitcoin has lost almost half its value since its November high, with cryptocurrency prices continuing to plunge as major economies look to curb their growing popularity.

Bitcoin value tumbles almost 50% since record November

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