Bitcoin fell below US$ 18,000 on Saturday, down 30% in one week
Ponzi coins are all going to zero. Scammers are paying interest to lure fools in and then disappear with people's money. Withdrawals halted.
비트코인, 1만8천달러로 무너져…공포 투매에 자유 낙하
The price of the market's biggest cryptocurrency, Bitcoin, fell briefly this weekend below 18-thousand dollars... as the crypto sell-off intensifies.
On Saturday, Korean time, it got as low as about 17-thousand-700 dollars.
As with the stock markets, at least part of that is central banks raising interest rates.
For some investors, 18 or 19 thousand dollars was a key benchmark, because that was roughly the all-time high Bitcoin reached back in late 2017.
It has since recovered to about 19-thousand, but in U.S. dollar terms, as of Sunday, Bitcoin is down 70 percent from its all-time high last November, and almost 30 percent from a week ago.
#Bitcoin #Cryptocurrency #Sell_Off_Intensifies
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2022-06-19, 12:00 (KST)
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