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Crypto Investors Have Lost $250 Billion In Just Over A Week
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Bitcoin lost as much as 21% since Fridays stock-market close.
New Delhi: A brutal bout of selling that wiped billions of dollars from profitless growth companies, IPO stocks and SPACs has now caught up with Bitcoin, further stressing risk tolerances and brokerage balances among small-time traders.
Retail dip-buyers, whose willingness to stand firm amid turmoil has helped power the S&P 500 to a 21% gain in 2021, are nursing some of their worst wounds of the year as losses pile up in speculative
Read more on ndtv.comAbout this in other media
Russia to Ban Funds from Crypto Investment, Experts Warn of ‘Blurry’ Legal Status cryptonews.com /3 years ago
Stablecoins gain currency among crypto investors economictimes.indiatimes.com /3 years ago
South Africa's financial regulator plans to introduce framework aimed at protecting vulnerable crypto investors: report cointelegraph.com /3 years ago
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