Page 44 - கிரேஸ்கேல் பிட்காயின் நம்பிக்கை News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Crypto crash wipes out R8 5-trillion in value in a week
techcentral.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from techcentral.co.za Daily Mail and Mail on Sunday newspapers.
Crypto-Related Stocks Drop After Bitcoin Downturn
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Extreme Fear Grips Bitcoin Market After Price Plunge, Sentiment Gauge Shows
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Dogecoin (CRYPTO:DOGE). As I m writing, Bitcoin is down 9.2% in the last 24 hours, Ethereum is down 9.8%, and Dogecoin is down 7.4%. That puts their loss for the week at 26.4%, 17.1%, and 15.7% respectively.
When an underlying currency or commodity, like cryptocurrency, falls it s no surprise that holders of the asset and producers, known as miners, drop as well. Today, some of the biggest losers are
CleanSpark (NASDAQ:CLSK) with a 10.7% drop,
Riot Blockchain (NASDAQ:RIOT) with a loss of 13.5%,
Grayscale Bitcoin Trust (OTC:GBTC), which dropped as much as 14.4%, and
Marathon Digital Holdings (NASDAQ:MARA), which lost as much as 12% of its value. At 2:30 p.m. EDT the stocks were down 9.3%, 10.4%, 13.4%, and 8.9% respectively.