Cult I Mean Group
  • Communities
  • Create Post
  • Create Community
  • heart
    Support Lemmy
  • search
    Search
  • Login
  • Sign Up
☆ Yσɠƚԋσʂ ☆@lemmy.ml to World News@lemmy.mlEnglish · 9 months ago

Crypto selloff wipes out $367 billion in value as bitcoin, ether plunge

www.cnbc.com

external-link
message-square
13
fedilink
70
external-link

Crypto selloff wipes out $367 billion in value as bitcoin, ether plunge

www.cnbc.com

☆ Yσɠƚԋσʂ ☆@lemmy.ml to World News@lemmy.mlEnglish · 9 months ago
message-square
13
fedilink
Bitcoin and ethereum suffered steep drops on Sunday as investors sold out of risky assets.
alert-triangle
You must log in or register to comment.
  • تحريرها كلها ممكن@lemmy.ml
    link
    fedilink
    arrow-up
    17
    ·
    9 months ago

    All this news about drops here and there are very heartwarming.

  • happybadger [he/him]@hexbear.net
    link
    fedilink
    English
    arrow-up
    18
    arrow-down
    2
    ·
    9 months ago

    Live happybadger reaction: pizza-dance elmofire

    • Assian_Candor [comrade/them]@hexbear.net
      link
      fedilink
      English
      arrow-up
      12
      arrow-down
      1
      ·
      9 months ago

      youre-laughing

      all-my-apes-gone

  • CommunistBear [he/him]@hexbear.net
    link
    fedilink
    English
    arrow-up
    15
    arrow-down
    1
    ·
    9 months ago

    shrug-outta-hecks

    • anachronist@midwest.social
      link
      fedilink
      English
      arrow-up
      11
      ·
      9 months ago

      I’m still delighted and amazed that they named their mascot “conny”.

  • Rom [he/him]@hexbear.net
    link
    fedilink
    English
    arrow-up
    15
    arrow-down
    1
    ·
    9 months ago

    Almost like it was always a grift

    • Assian_Candor [comrade/them]@hexbear.net
      link
      fedilink
      English
      arrow-up
      17
      ·
      edit-2
      9 months ago

      It’s just another stock at this point, only not tied in any way to reality. Bc most of it is now held by financial institutions whenever there’s a market selloff Bitcoin will plunge too as funds look for sources of liquidity.

      These dorks ended up building the opposite thing of what they set out to create.

  • FaceDeer@fedia.io
    link
    fedilink
    arrow-up
    9
    ·
    9 months ago

    This selloff is not cryptocurrency-specific.

  • NauticalNoodle@lemmy.ml
    link
    fedilink
    arrow-up
    6
    arrow-down
    1
    ·
    edit-2
    9 months ago

    Bitcoin price “plunges” down to checks notes $54,517

  • RedWizard [he/him, comrade/them]@hexbear.net
    link
    fedilink
    English
    arrow-up
    3
    ·
    9 months ago

    Oh no my shiitakes!

  • twinnie@feddit.uk
    link
    fedilink
    arrow-up
    3
    ·
    9 months ago

    I was probably never gonna sell anyway.

    • kyle@lemm.ee
      link
      fedilink
      arrow-up
      3
      ·
      9 months ago

      If you never sell, you don’t lose money /fivehead

  • HelixDab2@lemm.ee
    link
    fedilink
    arrow-up
    2
    ·
    9 months ago

    Eh. It’ll probably go back up. There have been crashes before, and every time it’s jumped up after a few weeks or even months. It’s mildly annoying, that all.

World News@lemmy.ml

worldnews@lemmy.ml

Subscribe from Remote Instance

Create a post
You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !worldnews@lemmy.ml

News from around the world!

Rules:

  • Please only post links to actual news sources, no tabloid sites, etc

  • No NSFW content

  • No hate speech, bigotry, propaganda, etc

Visibility: Public
globe

This community can be federated to other instances and be posted/commented in by their users.

  • 954 users / day
  • 1.99K users / week
  • 4.86K users / month
  • 13.4K users / 6 months
  • 1 local subscriber
  • 35.8K subscribers
  • 13.4K Posts
  • 127K Comments
  • Modlog
  • mods:
  • Rumblestiltskin@lemmy.ml
  • AgreeableLandscape@lemmy.ml
  • Jack.@lemmy.ml
  • zephyreks@lemmy.ml
  • OurToothbrush@lemmy.ml
  • BE: 0.19.8
  • Modlog
  • Instances
  • Docs
  • Code
  • join-lemmy.org