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Two-day bitcoin sell-off wipes off $100 billion from the entire crypto market

From cnbc.com

Bitcoin slumped for a second day Thursday, taking the digital currency’s losses to more than 10% over 48 hours and wiping off billions of dollars from the crypto market. The price of bitcoin slipped over 6% Thursday to as low as $32,527, falling below the $33,000 level for the first time since Jan. 13, according to data from industry website CoinDesk. The world’s most valuable digital coin has had a wild few weeks of volatility, briefly hitting $41,940 earlier this month before sinking sharply the subsequent week. Ether, the second-biggest crypto token by market value, was also down nearly 10% from where it was two ... (full story)

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  • Category: Fundamental Analysis