Cryptos are in free fall. Bitcoin has dropped from a high of 126k to 85k in less than a month. The drop today was the largest in a while as well. All resistant price floors have been broken, and major ETFs and institutions have pulled out, making the drop even more painful.
The rest of the market is an even worse shape. Crypto bros have gotten too used to Biden’s monstrous gains, and they are NOT enjoying Trump’s record on crypto.
Lease_Tha_Apts on
“Value”
Prestigious_Permit94 on
Something that is supposed to be a currency has turned into a speculative investment, which has no use other then money laundering. Unless it is accepted by all major retailers what use does it have?
3 Comments
Cryptos are in free fall. Bitcoin has dropped from a high of 126k to 85k in less than a month. The drop today was the largest in a while as well. All resistant price floors have been broken, and major ETFs and institutions have pulled out, making the drop even more painful.
The rest of the market is an even worse shape. Crypto bros have gotten too used to Biden’s monstrous gains, and they are NOT enjoying Trump’s record on crypto.
“Value”
Something that is supposed to be a currency has turned into a speculative investment, which has no use other then money laundering. Unless it is accepted by all major retailers what use does it have?