It's not a good day if you're a crypto investor.
The ruchi and trainer sex videomajority of the cryptocurrency market tumbled on Monday. At the time this article was published, Bitcoin's price had fallen to around $30,500 USD. That's less than half of its all-time high of $68,990 from November 2021.
According to blockchain analytics firm Glassnode, around 40 percentof Bitcoin holders are currently experiencing losses. Ouch.
SEE ALSO: Only 150 transactions were made on day one of Coinbase's NFT marketplaceBitcoin isn't the only cryptocurrency taking a hit. The entire market is plunging with popular cryptocurrencies such as Ethereum dipping more than 10 percent over the past 24 hours. Even the stablecoin Terra (UST) fell below the $1 USD it's pegged to.
Elon Musk's favorite cryptocurrency, Dogecoin, also fell to under $0.11. That's a 52-week low for the memecoin.
At least one buyer "bought the dip," though. El Salvador's president Nayib Bukele announced on Twitter that the country purchased500 Bitcoin while the market was tanking. Bukele has been a big supporter of Bitcoin. The country made history in October of last year when it became the first country to accept Bitcoin as legal tender.
This Tweet is currently unavailable. It might be loading or has been removed.
However, El Salvador had prior investments in the crypto, bringing its total holdings to 2,301 Bitcoin. Due to the crash, Bukele is down big in his country's investment in crypto. As of publishing, El Salvador was down $35 million on its Bitcoin investment.
What's contributing to the Bitcoin crash? Experts have chalked up the downturnto inflation woes. The stock market tanked on Monday as well, showing broader effects in the financial world. However, due to overall concerns in the stability of the highly volatile crypto market, it remains to be seen what price point Bitcoin will find support at.
UPDATE: May. 9, 2022, 6:44 p.m. EDT An earlier version of this piece incorrectly referred to the stablecoin that lost its peg as the controversial Tether. The stablecoin that dropped below $1 USD today is Terra. The piece has been updated. At the time of this update, Terra is falling even further in value, dipping to $0.84 at one point.
Topics Bitcoin Cryptocurrency
flamie: NiP, Liquid can be elite teams
Secrets of Disney World performers revealed in longtime Goofy's AMA
Moon water discovered for the first time from the lunar surface
These baskets are perfect for people who want to shop in solitude
Core Quickswap Members Launch 50x Leverage on Kava Chain
Singapore museum adds an interactive virtual forest
Singing cartoon whale is the cutest send off ever for New Zealand PM, eh
China is 'extremely concerned' with Trump's latest remarks
INTO THE NEXT STAGE: What You Didn’t See on ‘Chelsea Does Racism’
China is 'extremely concerned' with Trump's latest remarks
Plena Crypto Super App Powered by Account Abstraction
Facebook cofounder and others pledge $10 million toward universal basic income research
China is 'extremely concerned' with Trump's latest remarks
Fiona Apple's Christmas carol delivers a holiday message to Donald Trump
Zebu Live 2023: London’s Hottest Web3 Event Returns
Starbucks, late to the game, releases Pokémon Go Frappuccino
Moon water discovered for the first time from the lunar surface
India announces its largest solar rooftop tender
BitgetTurns5
Oh hell yeah, look how big this turtle is
What it's like to use Whoop, the favorite wearable of pro athletesKhloé Kardashian is pregnant, everyone. But you already knew that.All Lil Jon wants for Christmas is to become the next CEO of Papa John's PizzaHighly thoughtful grandma doesn't quite understand how Uber worksGeorge Michael's family shares touching message for everyone missing him on ChristmasChristmas lightsThis man's 32Twitter accuses Vanity Fair of sexism after New Year's resolution video for Hillary ClintonWhen will 'A Minecraft Movie' be streaming? How to watch at home.Male stars will also wear black to Golden Globes to highlight Hollywood sexual misconduct problems Praise Yeezus: Cool church uses Kanye West lyrics to inspire us sinners Mark Zuckerberg and Selena Gomez meet in tiny room to talk business Woman's hair is so long it would make Rapunzel jealous Airbnb slapped with suit for alleged discrimination against black guests The biggest ice cave in China never melts Organic Valley tricks coffee snobs into drinking straight half Man giving away free hugs in Times Square gives woman a bonus punch in the face Uber agrees to limit surge pricing in Delhi Smart tampon reminds you when it's time to tug Beyoncé inspires teen's remarkable prom dress
0.1947s , 12360.390625 kb
Copyright © 2025 Powered by 【ruchi and trainer sex video】Bitcoin price tanks, other cryptocurrencies dive with it,Global Hot Topic Analysis
