Investors Wail As Bitcoin Plunges By More Than 50%
The cryptocurrency world wails across all platforms as Bitcoin, Ethereum, Doge, Altcoins, DeFi, NFTs, and all types crashes severely, plummeting below by 50% crashing from $58,000 to just above $30,000.
The recent crash shaken investors as its a second crash in price value following the earlier crash last Thursday coming after Elon Musk’s tweet about stopping his Electric car firm Tesla from receiving payment for their cars in bitcoin.
READ ALSO: Elon Musk’s Tesla Motors Set To Start Receiving Bitcoin As Payment For Tesla Cars
Elon’s announcement sent the crypto market plummeting by 45%, making investors lose a total of $300bn some 6-days back.
READ ALSO: Bitcoin Plummets By 10% As Elon Musk Says Tesla No Longer Accepts The Cryptocurrency
There was a further crash in the Crypto market Today, May 19 2021 is even worse with the BTC crashing by 50%, Plummeting the market by nearly $1trillion dollars. After China’s warning and inflation as stocks plummet on Wall Street.
Advise if you have anyone who is a crypto investor around you this would be a good time to be nice to them and show them love.
Photo Credit: Getty
