Bitcoin Bloodbath Continues

Submitted by Guest on

Written by :

Guest

Published on :

Down 70 percent from its December high after sliding for a fourth straight day on Friday, bitcoin is getting ever-closer to matching the Nasdaq Composite Index's 78 percent peak-to-trough plunge after the U.S. dot-com bubble burst, reports Adam Haigh and Eric Lam of Bloomberg.

Bitcoin has plunged 20% this month.

Is the selling finally over?

One bitcoin bull is sticking with his investment.

Watch more below

 

 

Related Content

Trending Prediction Markets: Fed Decision in September Hike 25bps 85 Percent Chance

Trending Prediction Markets: Fed Decision in September Hike 25bps 85 Percent Chance

The FOMC will meet for its September session after holding the target range at 3.50% to 3.75% in July, according to CNBC. The prediction markets have an 80% chance of an increase.
Pennsylvania Gambler Sues FanDuel: Says He Was Bombarded With Late Night Alerts After Losses

Pennsylvania Gambler Sues FanDuel: Says He Was Bombarded With Late Night Alerts After Losses

Maurice Faulk filed his civil suit accusing FanDuel of using data-driven promotions and repeated prompts to keep him betting at times he says he was least able to resist.
Stake.com Shuts Down Website in Ireland

Stake.com Shuts Down Website in Ireland

The company, which bills itself as the “world’s largest”, was forced to take the drastic action following an intervention by the Gambling Regulatory Authority of Ireland (GRAI). Stake.com is no longer available to those in Ireland as a result.
Williston, North Dakota Sun Country Flights to Las Vegas Resume Following Allegiant Acquisition

Williston, North Dakota Sun Country Flights to Las Vegas Resume Following Allegiant Acquisition

Sun Country announced it is keeping its Williston, North Dakota (XWA)–Las Vegas (LAS) nonstop for the 2026 season, despite the uncertainty earlier this year surrounding Allegiant's planned acquisition of Sun Country.