The cryptocurrency market remains in "carnage mode," turning into a long horror movie.
Advertisement
Bitcoin, the leading cryptocurrency, has now slipped below the make-it-or-break-it $40,000 level for the first time since Feb. 8, currently trading at $39,576 on the Bitstamp exchange.
The implosion of the flagship coin has expectedly roiled the rest of the market. Ethereum, the second-largest cryptocurrency, is currently down over 12 percent, slipping to $2,941, its lowest level since early May.
Bitcoin (BTC) Records Major Volume Reversal, XRP Doesn't Really Need $2, Did Ethereum (ETH) Forget About $2,000?
Solana Meme Coin Crashes 49% in Minutes on Binance; What's Going On?
Major April Fools' Warning Issued to Shibarium Community: Details
$1.19 Billion DOGE Hit in 24 Hours as Dogecoin Makes 6% Jump
Wed, 05/19/2021 - 03:42
Peter Brandt Calling the Top as Bitcoin Plunges to $40K. Will It See $16K?
Alex DovbnyaAdvertisement
The total cryptocurrency market cap is now at $1.7 trillion after peaking at $2.5 trillion on May 12.
Vladislav Sopov
Dan Burgin