Cryptocurrency

Get all know about Cryptocurrency market crashes

Get all know about Cryptocurrency market crashes

Cryptocurrency holders all across the world are in a panic as the world’s largest cryptocurrency (Bitcoin) tends to undervalue. On May 19, 2021, Bitcoin tanked nearly 40% from its all-time level to the US $31,000, which was last seen in February 2021. In May, Bitcoin was trading at the US $55,000. Not only Bitcoin but other cryptocurrencies like Ethereum and Dogecoin also have fallen by 40 percent and 45 percent respectively. Several experts blame China’s recent action against the crypto and Tesla CEO Elon Musk’s tweets.  Shivam Thakral, CEO of BuyUcoin, says that both Elon Musk’s tweets and China’s action…
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