Business
Crypto crash: After nearing record, Bitcoin plunges – Aljazeera.com
Bitcoin slumped as much as 8.7% while other digital coins like Ether posted double-digit percentage declines.
Bitcoin and other digital currencies plunged Thursday, a slide likely to stoke speculation about the durability of the boom in cryptocurrencies.
Bitcoin slumped as much as 8.7%, the most since early August, while other digital coins like Ether posted double-digit percentage declines.
The Bloomberg Galaxy Crypto Index at one point slid more than 6%.
Conditions are very massively overbought and bound for a correction, said Vijay Ayyar, head of business development with crypto exchange Luno.
So I dont…
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