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Bitcoin Dragging All Cryptocurrency Down

Bitcoin Dragging All Cryptocurrency Down. Bitcoin's slump has dragged on other top 10 cryptocurrencies, with ethereum, ripple's xrp, litecoin and cardano all down between 5% and 10%—although polkadot, a rival to the second biggest. It's down 50% from its.

Why Is Crypto Down Today 17 Things We Know On Monday May 17 Investorplace
Why Is Crypto Down Today 17 Things We Know On Monday May 17 Investorplace from investorplace.com
As bitcoin is decentralised, the network as such cannot be shut down by one government. The plunge comes a day after the people's bank of china, in a. And don't lose your shirt when it all comes crashing down. Most cryptocurrencies lost between 7% and 22% of their value and shares of coinbase dropped 5.4%. Bitcoin's slump has dragged on other top 10 cryptocurrencies, with ethereum, ripple's xrp, litecoin and cardano all down between 5% and 10%—although polkadot, a rival to the second biggest.

It was last down 8%.

And don't lose your shirt when it all comes crashing down. It was last down 8%. It's not unusual for the value of bitcoin to change by thousands of dollars in a short time period,. The plunge comes a day after the people's bank of china, in a. China's crackdown on cryptocurrency mining has extended to the southwestern province of. Bitcoin slides, erasing nearly all 2021 gains, as china's crackdown continues the cryptocurrency market shed more than $100 billion in value overnight and temporarily pushed bitcoin below $30,000.

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