Crypto Stocks fell rapidly

Tiger Newspress2021-03-22

Crypto assets are more for speculation, not as means of payment,Federal Reserve chair Jerome Powell said on Monday.

Crypto Stocks fell rapidly in Monday morning trading.Canaan Inc. fell more 8%, Xunlei fell more than 7%,Riot Blockchain and The9 Fell more than 5%.

Bitcoin fell about $500 in the short term to $56754.10 per coin.

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Comments

  • Ericlam
    2021-03-23
    Ericlam
    Careful 
  • Rocketupup
    2021-03-23
    Rocketupup
    Powell cannot print crypto
  • JFK
    2021-03-23
    JFK
    Pls get lower for me to buy 
  • jonbeloved
    2021-03-23
    jonbeloved
    Wow
  • ctanya
    2021-03-23
    ctanya
    Monitoring this$Silvergate Capital(SI)$
  • tungngie
    2021-03-23
    tungngie
    Bitcoin and crypto stocks are still high valuation. Hard to determine whether it is over valued as bitcoin has no method of valueing it, but there are several institutions buying iit now for the future. So, i woul think it would continue to be high in value. Just my sharing. Hehe. I myself didnt buy any at the moment.
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