10 Best Stocks to Buy in 2021 According to Cathie Wood insidermonkey.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insidermonkey.com Daily Mail and Mail on Sunday newspapers.
Why Cryptos Fall And Is This The Best Time To Buy Bitcoin?
Last Updated: 19 May 2021
Read on to find out why cryptos fall. The latest setback for cryptocurrencies follows their widespread public attention of late, but is this sell-off going to scare people away or is it time to buy bitcoin?
Bitcoin has largely led the crypto pack, marking an all-time high (ATH) of $64,000 in mid-April. Many industry experts projected that the premier digital asset would cross the $100,000 mark in relatively short order.
But the bullish glow surrounding Bitcoin looks like it could be wearing off fast. Facing a major relapse after Tesla’s decision to discontinue accepting crypto for its electric sedans, the BTC price has seemingly gone into free-fall.
Author Bio
After spending more than a decade travelling the world exploring different cultures and languages, I m happy to now be contributing to the Motley Fool s mission to make the world smarter, happier, and richer. What s great about exploring business and the economy is the insight it gives you into how things are in the world. While I no longer get to exercise my analytical muscles with linguistics, it s rewarding to analyze business and share my opinions through this platform.
Appreciate my writing, have an idea for me, or is there an issue with something I wrote? Feel free to reach out to me at jon.quast@foolcontractors.com.