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Cryptocurrencies: Bitcoin loses 30%

21/05/2021
Categories: Index/Markets

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The most famous cryptocurrency fell by more than 30% on Thursday. Extreme volatility that drags all virtual currencies down.

If bitcoin recovered some 8% to 42,459 dollars, after its collapse on the stock market by more than 30%, Wednesday should mark a stage in the evolution of virtual currencies in the coming months. This Thursday, the most famous of virtual currencies therefore fell to 30,405.50 dollars, losing nearly 50% since its highest reached in mid-April (63,410 dollars), dragging all virtual currencies down with it.

Over the past 24 hours, ether has fallen 8% to 2,722 dollars (2,235 euros) and dogecoin has plunged 10%. Finally, bitcoin cash and litecoin dropped 13% and 20% respectively. Faced with this failure, platforms for trading cryptoassets had to interrupt trading yesterday, preventing investors from getting rid of their virtual currencies. According to coinmarketcap, in one week, the global capitalization of cryptocurrencies has lost nearly 1000 billion dollars.

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