My Comment: What a joke. I think Cryptos' intrinsic value is zero and it is fast approaching that level. The turmoil certainly destroys trust in the market
Excerpts: Bitcoin tumbled to November 2020 lows, down nearly 16% on the day, and last trading at $17,029.47. Ethereum dropped to July lows, down 24.5% on the day, and last trading at $1,165.42.
"Many of the problems of traditional finance which cryptocurrencies aim to solve are being replicated in the crypto market, as many centralized entities have become too greedy,"[color=red][/color] Sotiriou added.
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