Bitcoin tumbled well below $70,000 as the unwinding of leveraged bets and broader market turbulence deepened a selloff that’s hammered cryptocurrencies over the past three weeks. and Silver fell sharply, wiping out its two-day recovery as the white metal struggled to find a floor following a historic market rout. Bloomberg’s Mike McGlone joins to discuss.
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About The Author
This guy's hard to believe
That bit about gold and silver ripping while S&P vol sits near multi year lows stuck with me. I’m not sold on the “tool of purge” framing, but the forced deleveraging angle makes sense. I even checked Best Wallet after hearing the 64k support talk.
That bit about gold and silver ripping while S&P vol sits near multi year lows stuck with me. I’m not sold on the “tool of purge” framing, but the forced deleveraging angle makes sense. I even checked Best Wallet after hearing the 64k support talk.
Is now a bad time to say 67
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Last summer I was wondering if it was time to get into Bitcoin. Thank goodness I decided to stay fully invested in the Dow. Bitcoin down 45%, Dow up 14%. A 59% difference. Wow!
Change my life 🙏 bc1qupkgvy738vlx63axdnwdnhyelrteen44nlnazs
Bitcoin is a Fools investment – crazy volatility, why blow your hard earned money on speculation.
Bitcoin feels like digital gold. 1win token feels like digital infrastructure. Which do you think new users will understand more easily?
The Bithumb exchange in South Korea paid out 620,000 phantom coins. The phantom coins were actually successfully traded.
Used to be a trader says it allll
Anyone else notice that Bitcoin started going down as Trump was blowing up drug boats? Then Madero was grabbed and now America is turning up the heat on Cuba, Columbia and a Peru. I feel the drug traffickers had more to do with Bitcoin then the general public realized.
It can go down to almost nothing.
to 0🍌🍌🍌🥀🥀
From air to air!😂😂😂
To its intrinsic value of zero
Family Bitcoln me balance get way transfer may money
39 trillion in debt plus interest and try to force the American people without consent to accept another type of currency…Fiat 💲💲💲…No FDIC protection..
it should go to zero, as Bitcoin has zero intrinsic value
Negative 10 million. You own owning.
Hold gold fool.
Cro, xrp, xlm, Wlfi. Incoming.
Epstein strikes again. 🎉. One last party to 0
Mike loses a little more credibility every time he says “there’s 28 million billion trillion different Bitcoins”
He’s lost a lot.
How much lower can it go?
Zero, my dude.
The long term price of Bitcoin is zero. 😂🤷🏻♂️
2020 in was what 4000$ low 2023 13,000 low….now it corrects to 60,000 and people think its the end of the world. How many times must we go through this untill people wake up. Just wait for 40,000.
It can fall to zero, because that's what cripto was always
I hope negative 1000%. Don't panic. Buy the dip. Dips.
Mike needs to look at the job numbers. AI deflation is coming
So all you experts out there if it’s going to zero, sell everything and short it ??
beware of whales generating a dead cat bounce
It can go upto negative infinite 😂.