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stockvaper

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stockvaper

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Sunday, 04/18/2021 6:56:54 AM

Sunday, April 18, 2021 6:56:54 AM

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Bitcoin Price Falls $8K to 3-Week Low, Altcoins Crash

Bitcoin nosedived to three-week lows early Sunday, puncturing the frenzied speculative bubble built into several alternative cryptocurrencies (altcoins) in the wake of Coinbase’s recent debut on Nasdaq.

The biggest cryptocurrency by market value dropped from roughly $60,000 to $52,148 in 15 minutes during the Asian session, liquidating almost $4 billion worth of positions in the derivatives market, according to Messari's Ryan Watkins.

https://www.coindesk.com/bitcoin-price-falls-8k-to-3-week-low-altcoins-crash
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