Bitcoin Price at Jun 16 2022: 20,973 USD

[Wise]

Bitcoin Price at Jun 16 2022: 20,973 USD

Crypto markets really fell this month. Some investors got "burned." Certain souvenir cryptocurrency coins representing three major digital t...

www.canadaforums.ca

Crypto markets really fell this month. Some investors got "burned."

Certain souvenir cryptocurrency coins representing three major digital tokens, including stablecoin tether, got caught in the downdraft as another stablecoin, terra, ended trading after 'its catastrophic failure,' says one Canadian expert, which 'contributed to the larger crypto sell-off.'

Not all people realised what kind of a risk they were getting themselves into.

"Extreme market conditions" are happening.

Bitcoin Price: Jun 15 - 22,503 USD

Bitcoin Price: Jun 16 - 20,973 USD

Bitcoin's (BTC) price neared $20,000 during European hours Wednesday as it extended a 12-week slide.

Crypto lender Celsius paused all withdrawals earlier this week citing "extreme market conditions," leading to questions about the firm’s liquidity.

Prominent crypto fund Three Arrows faced at least $400 million in liquidations and scrambled to lower its collateral levels by selling key positions Wednesday morning, as reported.

 

[B00Mer]

Just wait till it goes to $10,000

 

[Ron in Regina]

Just wait till it goes to $10,000

From $100,000 ??

 

[B00Mer]

From $100,000 ??

yes it’s down 70% and they expect Crypto to dive deeper.


Same with stocks.. have you checked your retirement fund lately..

 

[pgs]

What goes up must come down , when is the question . A sure fire sign is everyone including your brother in law jumping on the band wagon , time to sell . Stock market same principal , beware of the hype .

 

[Wise]

Interesting. All those coins fell. Out of all those, Shiba Inu sure has a weird low price.

 

[Ron in Regina]

In late February, hackers breached the Dubai-based Bybit, one of the world’s largest cryptocurrency exchanges, and stole about $1.5 billion of Ethereum. It was the largest hack in crypto’s history, and if Bybit were classified as a bank, it’s the largest ever bank heist, according to Guinness World Records. It eclipses even the $1 billion Iraqi President Saddam Hussein pilfered from his own country’s central bank in 2003.

Whoopsies…