Bitcoin's bubble just burst,visele erotice la barbati at least a little bit.
The high-flying cryptocurrency declined more than $2,000 dollars in the span of a few hours on Wednesday. It's one of the sharpest drops in recent memory and a stark reminder of the volatility of the cryptopcurrency that is suddenly on everyone's mind.
Bitcoin's recent rise happened almost as quickly as its Wednesday decline. Bitcoin enthusiasts cheered on Tuesday as 1 BTC surpassed $10,000 for the first time, only to see it hit $11,000 the next day.
SEE ALSO: Bitcoin is a bubble waiting to burstWednesday's crash pushed Bitcoin's value below briefly below $9,000 on at least one exchange, though it appeared to have recovered some value shortly thereafter. As of 3:17 P.M. EST, Coindesk had Bitcoin trading at $9,852.54.
It continued to recover throughout the day, trading around $10,100 around 5 P.M.
The graph below, from Coindesk.com, shows the sudden drop off on Wednesday afternoon.
Even with the decline, one Bitcoin is worth more than it was a week ago, when it was trading around $8,000, and far more than one year ago, as the graphs below show.
Thought Bitcoin is still far more valuable now that it was even just a little while ago, Wednesday's sudden decline shows just how volatile Bitcoin can be, even as it gains wider acceptance as a viable store of value.
The decline also provides more fuel for Bitcoin skeptics who have been sounding the alarm over what they see as dangerous speculation. It also triggered plenty of schadenfreude on Twitter.
This Tweet is currently unavailable. It might be loading or has been removed.
This Tweet is currently unavailable. It might be loading or has been removed.
Topics Bitcoin Innovations
Thursday Night Football: How to stream Browns vs. Steelers on Amazon Prime'Doctor Who' actor Jenna Coleman's embarrassing moment has the internet cringingCrush Twitter proves that sometimes subtweets can be goodWordle today: Here's the answer, hints for September 27Why is everyone on Twitter talking about towels?The Netflix Jeffrey Dahmer series has upset a lot of people. Here's why.Wordle today: Here's the answer, hints for September 2711 DIY videos that absolutely no one asked forZIIP and Foreo microcurrent device review: Shocking, but not scaryTikTok bans politicians and political parties from monetizing on the platform'Don't Worry Darling' tops domestic box office its opening weekendWatch kids pull their teeth out with drones and weaponsOut Magazine's latest issue celebrates women and nonApple Music will sponsor Super Bowl LVII's halftime show after Pepsi's exitApple's iOS 16.1 beta changes battery icon, fixes copy and paste bugPeople think the 'dachshund was robbed' by Westminster Dog Show winnerThe bumpiest social media moments of the 2020 campaign so fariPhone 15 early rumors predict new 'Ultra' model, USBDog waits patiently until someone stops traffic so it can cross the streetAlpaca accounts are underrated social media treasures Stranger than Fiction by Lorin Stein Some Sort of Alchemy by Albert Mobilio 3 Stories of God: 5, 6, and 7 by Joy Williams Pinning Down: A Conversation with Catrin Morgan by Daisy Atterbury Lydia Davis Wins Booker Prize by Lorin Stein Manuscripts Lost and Found, and Other News by Sadie Stein The Tiny Gatsby by Sadie Stein Wild and Crazy Libraries, and Other News by Sadie Stein 1 Story of God: 71 by Joy Williams Happy Birthday, Adrienne Rich by Sadie Stein Announcing Our Summer Issue! by Lorin Stein Tatiana Salem Levy, Rio de Janeiro, Brazil by Matteo Pericoli Be Forever Falling by Evan James Don't Be So Sure by Sadie Stein In Session by Joshua J. Friedman Proust, Lost in Translation by Alexander Aciman Consider the Foul by Adam Sobsey Last Chance for Our Special Tote Bag Offer! by Sadie Stein Hemingway as Peer Reviewer, and Other News by Sadie Stein People Will Always Be Kind by Henry Giardina
1.1123s , 10194.859375 kb
Copyright © 2025 Powered by 【visele erotice la barbati】,Unobstructed Information Network