'Bought into dip, but dip keeps dipping': Bitcoin crash triggers hilarious meme fest
Closer home, the Centre may form a new panel of experts to study the possibility of regulating cryptocurrency in India. The Finance Ministry is also monitoring the growing volume of cryptocurrency trading in the country
BusinessToday.In | May 20, 2021 | Updated 13:02 IST
Netizens unleash memes as crypto upheaval continues
It is such a tumultuous time for Bitcoin investors that if you are one, you are probably having nightmares. All the soaring and dipping of cryptocurrencies' value has sent the investors in a tizzy. On Wednesday, Bitcoin dipped 30 per cent to $31,000, wiping out $500 billion from its peak market value. Ethereum was down 40 per cent and Dogecoin was down 45 per cent.