Bitcoin price plunges through important milestone, amid fears of further crypto collapse

Bitcoin price plunges through important milestone, amid fears of further crypto collapse

(Independent)

The price of bitcoin has fallen through $20,000, marking an important milestone in the ongoing collapse of cryptocurrency.

It means the value of bitcoin is lower than it has been since 2020, and represents the point at which many analysts had expressed concerns that sentiment could continue to spiral.

The drop has been driven in part by the failure of two major cryptocurrency projects: Terra Luna and Celsius. Both were intended as important ways of promoting the stability of…


Source link

About bitcoin

Check Also

Giant Bitcoin 'Taproot Wizard' NFT Minted in Collaboration With Luxor Mining Pool – CoinDesk

Please note that our privacy policy, terms of use, cookies, and do not sell my …

Leave a Reply

Your email address will not be published. Required fields are marked *