Cryptocurrencies see $93.5 billion wiped off value in 24 hours as bitcoin plunges 48% | Crypto Craft

  • Cryptocurrencies see $93.5 billion wiped off value in 24 hours as bitcoin plunges 48%

    From cnbc.com

    Bitcoin was down 48% from 24 hours before at 10:24 a.m. Singapore time at $4,001.60, according to data from Coindesk. The market capitalization, or total value of the entire cryptocurrency market, plummeted around $93.5 billion in the space of 24 hours as of 10:07 a.m. Singapore time, according to data from Coinmarketcap.com. The fall in cryptocurrency markets comes amid a broader sell-off in equities as governments continue to grapple with the new coronavirus which is spreading rapidly across the world. Cryptocurrencies took a battering following a global sell-off in stocks, with bitcoin seeing a near 40% plunge. ... (full story)

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TudorIoan
Mar 13, 2020 3:11am — Edited
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From 205 Billion real dollars in July 2019 now there are only 90 B left in the Bitcoin Poker Game
(not to mention December 2017)

Look, is like this, 56% of the bitcoin people took their money back ! Out !

1. If you call those guys stupid... there are too many stupid folks in bitcoin (=> dangerously unstable)
2. If you call those guys smart... bitcoin itself looks too much of a stupid idea (=> it's a scam)

Either way, bitcoin is trash
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