Published 2 years ago

Here's why Bitcoin and other cryptocurrencies have crashed

Summary by Ground News

Many people, if not most, feel that bitcoin is boring or that some other cryptocurrency is better than bitcoin for various reasons. The contrast between bitcoin and other cryptocurrencies does not hinge on the differences in their utility, but in the ethos of their users. Bitcoiners are here for a peaceful, monetary revolution to create a brand new society in a way that has never been done before.

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Daily Mirror

Billions wiped off Bitcoin and Ethereum as cryptocurrencies crash overnight

The UK financial watchdog has urged Brits to be cautious as cryptocurrency values crash overnight following stalling stock markets and the shock performance of Bitcoin

2 years ago·London, United Kingdom

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ABC Australia

Here's why Bitcoin and other cryptocurrencies have crashed

It's been a wild ride on the cryptocurrency markets over the past couple of days. Here's finance reporter Madeleine Morris with what's going on.

2 years ago·Australia

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Financial Post

What you need to know about the rout that just wiped $200 billion off the cryptocurrency market in one day

Cryptocurrencies extend their sell-off, with Bitcoin falling to its lowest levels in 16 months as a stampede out of so-called stablecoins sent shockwaves around broader markets

2 years ago·Canada

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Gulf News

Over $200 billion wiped off cryptocurrency market in a day

Bitcoin plunged 10 per cent while Ethereum lost as much as 16 per cent

2 years ago·Dubai, United Arab Emirates

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Bloomberg Linea

Over $200 billion was wiped out of the cryptocurrency market in one day

Interest rate increases around the world, in an attempt to contain inflation, have created an unfavorable environment for risky assets

2 years ago

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Gazeta Do Povo

Cryptocurrency collapse causes market to lose $200 billion in 24 hours

The reason for the widespread fall of digital currencies would have been a massive cryptocurrency sale following the collapse of TerraUSD. Read more in the People's Gazeta.

2 years ago·Curitiba, Brazil

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