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Coronavirus Madness Continues: Bitcoin Price Crashes Below $4300, Over 40% Daily Loss

From cryptopotato.com

This is not the Bitcoin halving the crypto industry was talking about in 2020. The Bitcoin price crashed on the worst day for equities markets in 33 years. The Dow Jones plummeted 9.99% during trading, the S&P 500 lost 9.51%, and the NASDAQ took a 9.43% dive. Even spot gold declined by some 4% Thursday, as the logic of Bitcoin’s detractors like Peter Schiff, gold is now positively correlated with stocks. However, Bitcoin was the biggest loser, with a massive run on the world’s first cryptocurrency driving prices down by over 40% in under 24 hours. Wild Bitcoin Price Action Spikes punctuated the losses as ... (full story)

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