Well that escalated quickly. Bitcoin has collapsed back below $50k... {chart} Ethereum is down a shocking 20%...{chart} As ETH loses its recent gains relative to BTC... {chart} Crypto markets had a tempestuous weekend with surges and purges galore. The latest is a purge as Bitcoin tumbled back to a $52,000 handle (after topping $58k)... {chart} ...and loses its 'cuatro comas' standard (for now)... Ethereum was also clubbed like a baby seal, down almost $300 from its near $2050 highs over the weekend... As we noted over the weekend, these drops follow comments from Elon Musk that BTC and ETH prices may be a little ... (full story)