Crypto Stock Mania Tested by Sliding Prices, Slump in Bitcoin - BNN Bloomberg

in hive-116221 •  4 years ago 

STEEM POSTS

A drop in cryptocurrency-linked stocks in the wake of Bitcoin's slide and Coinbase Global Inc.'s choppy debut is stirring a rallying cry from optimists who reject fears that the sector has peaked.

A global, Bloomberg-curated basket of equities linked to crypto trading or Bitcoin mining fell some 9% over the past week, paring 2021's climb to about 130%. A weekend Bitcoin plunge rattled crypto mania, but the token has since pared some losses and remains up 690% over the past year.


Shared On DLIKE

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Copying/Pasting full or partial texts with adding very little original content are frowned upon by the community. Repeated copy/paste posts could be considered spam. Spam is discouraged by the community and may result in the account being Blacklisted.