Today news
About the same in other media
Bitcoin and other cryptos have slumped after record-highs. Is market manipulation the reason why?
Reading now: 489
euronews.comBitcoin and other cryptocurrencies have fallen sharply after seeing record-highs just last week.
Bitcoin’s price plunged to $58,400 (€51,000) on Tuesday and hovered just under the $60,000 (€53,000) threshold on Wednesday as the crypto market is again becoming a sea of red.
It marks a 12 per cent drop from the record high of $69,000 (€61,000) set on November 10.
The second-largest crypto Ether meanwhile plunged more than 14 per cent since its record last week to reach $4,244 (€3,7500).
The reasons
Read more on euronews.comAbout this in other media
Expert calls El Salvador’s Bitcoin volcano bonds, ‘Michael Saylor playbook for a country’ ambcrypto.com /2 years ago
Bitcoin too volatile to be adopted as legal tender, says BoE chief cointelegraph.com /2 years ago
South Korean Draft Law Calls for Life Sentences for Crypto Market Manipulators cryptonews.com /2 years ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
