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Gwuootm 1316
01/26/2022 | Film

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G w u o o t m 4615 :   Bitcoin Tumbles In Wild Week For Cryptocurrency

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05/14/2022 | News

One of the crypto industry’s highest-profile companies lost a third of its market value -- and that's just for starters.

It’s been a wild week in crypto, even by crypto standards.

Bitcoin tumbled, stablecoins were anything but stable and one of the crypto industry’s highest-profile companies lost a third of its market value.

Here’s a look at some major developments in cryptocurrencies this week:

BITCOIN

The price of bitcoin dropped to around $25,420 this week, its lowest level since December 2020, according to CoinDesk. It steadied around $30,000 Friday, but that’s still less than half the price bitcoin fetched last November.


Main activity : Economy
Description : One of the crypto industry’s highest-profile companies lost a third of its market value -- and that's just for starters.
Keywords : Bitcoin, Tumbles, Wild, Week, For, Cryptocurrency, Matt Ott, Ken Sweet, AP logo, MONEY
Link : https://www.huffpost.com/entry/wild-week-cryptocurrency-bitcoin-drop_l_627ec814e4b003ed2961ad74



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