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OUCH! Bitcoin plunges >10% on worries prices are excessive
OUCH! #Bitcoin plunges >10% on worries prices are excessive. Elon Musk tweeted on Saturday that prices ‘seem high.’ pic.twitter.com/SSDh2BLH1U
— Holger Zschaepitz (@Schuldensuehner) February 22, 2021
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Cryptos Are Really Puking... BTC Below $50k, ETH Down 20%
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)