Too volatile, like a roller co

2021-05-24

Too volatile, like a roller coaster

Bitcoin prices tumble 50% from peak and Mark Cuban calls the crypto crash the 'great unwind'

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Comments

BossBoss
2021-05-24
BossBoss
Yes that why I never invest on this
- IchiGo:
  BTC is not suitable to everyone
CMPek
2021-05-24
CMPek
last week already a dip to 29k
- IchiGo:
  See what will happen this week, last week rebound after touched base

Leave a comment

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are at 29 cents, down 60% from the early May peak for the meme asset.</b>\n</blockquote>\n<p>Bitcoin prices on Sunday midday were in free fall anew, with the world's No.1 crypto spiraling down more than 50% from a peak in around the middle of April, amid another bout of turbulence in the digital-asset sector.</p>\n<p>At last check, bitcoin prices were changing hands at $32,258, down 16% on the day, after hitting a 24-hour low of $31,179, which halved bitcoin from a mid-April peak at $64,829.14.</p>\n<p>Ether on the Ethereum blockchain, meanwhile, was seeing an even more severe slump, down 18% at $1,922 on the session and down by nearly 60% from its all-time high hit earlier this month at $4,382.73.</p>\n<p>The weekend carnage in crypto was drawing the attention of bulls and market participants, including billionaire Mark Cuban, who appeared to partly pin the slump on excess leverage and speculation on alternatives to bitcoin.</p>\n<p><a href=\"https://laohu8.com/S/BPOPM\">Popular</a> 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}\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin prices tumble 50% from peak and Mark Cuban calls the crypto crash the 'great unwind'\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-05-24 01:30</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<blockquote>\n <b>Dogecoin prices are at 29 cents, down 60% from the early May peak for the meme asset.</b>\n</blockquote>\n<p>Bitcoin prices on Sunday midday were in free fall anew, with the world's No.1 crypto spiraling down more than 50% from a peak in around the middle of April, amid another bout of turbulence in the digital-asset sector.</p>\n<p>At last check, bitcoin prices were changing hands at $32,258, down 16% on the day, after hitting a 24-hour low of $31,179, which halved bitcoin from a mid-April peak at $64,829.14.</p>\n<p>Ether on the Ethereum blockchain, meanwhile, was seeing an even more severe slump, down 18% at $1,922 on the session and down by nearly 60% from its all-time high hit earlier this month at $4,382.73.</p>\n<p>The weekend carnage in crypto was drawing the attention of bulls and market participants, including billionaire Mark Cuban, who appeared to partly pin the slump on excess leverage and speculation on alternatives to bitcoin.</p>\n<p><a href=\"https://laohu8.com/S/BPOPM\">Popular</a> meme asset, dogecoin, was changing hands at 29 cents, down 60% from its all-time high at around 74.07 earlier this month.</p>\n<p>The slide for crypto extends a drop that has taken hold over the past several days, underlined by fears of irrational exuberance in parts of the digital-asset market and concerns about intensifying regulation on the nascent sector.</p>\n<p>China on Friday rules and request that crypto transactions of $10,000 be reported to the government.</p>\n<p>One popular measure of anxieties in the crypto market, the fear and greed index was at 14, indicating extreme fear, after touching a level of greed last month at 55.</p>\n<p>Unease festering in digital assets may also bleed over in to stocks too, with equity benchmarks, including the Dow Jones Industrial Average , the S&amp;P 500 index and the Nasdaq Composite Index , seeing choppy trade in recent action.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust","COIN":"Coinbase Global, Inc.","SQ":"Block"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2137182794","content_text":"Dogecoin prices are at 29 cents, down 60% from the early May peak for the meme asset.\n\nBitcoin prices on Sunday midday were in free fall anew, with the world's No.1 crypto spiraling down more than 50% from a peak in around the middle of April, amid another bout of turbulence in the digital-asset sector.\nAt last check, bitcoin prices were changing hands at $32,258, down 16% on the day, after hitting a 24-hour low 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everyone"}],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":4424668,"commentId":"4424668","gmtCreate":1621812722100,"gmtModify":1680790508315,"authorId":3553731454353837,"author":{"id":3553731454353837,"idStr":"3553731454353837","authorId":3553731454353837,"name":"CMPek","avatar":"https://static.tigerbbs.com/468425562736f96d38e968e1b2419132","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":133763655,"objectIdStr":"133763655","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"last week already a dip to 29k","text":"last week already a dip to 29k","html":"last week already a dip to 29k","likeSize":0,"commentSize":1,"subComments":[{"id":4424716,"commentId":"4424716","gmtCreate":1621812913689,"gmtModify":1680790522026,"authorId":3571108991612603,"author":{"id":3571108991612603,"idStr":"3571108991612603","authorId":3571108991612603,"name":"IchiGo","avatar":"https://static.tigerbbs.com/c7799d84b640de8d882c175fa85737b5","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":133763655,"objectIdStr":"133763655","type":1,"supId":4424668,"supIdStr":"4424668","prevId":0,"prevIdStr":"0","content":"See what will happen this week, last week rebound after touched base","text":"See what will happen this week, last week rebound after touched base","html":"See what will happen this week, last week rebound after touched base"}],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/133763655"}