Tag: Crypto Crash

  • Crypto Crash Abates As Bitcoin Bounces Back To $42,000

    Crypto Crash Abates As Bitcoin Bounces Back To $42,000

    On Wednesday, May 19, 2020, the flagship cryptocurrency, bitcoin, fell to more than three-month lows, dropping to about $30,000 at one point for a pullback of more than 30%. Bitcoin crash wiped out more than $500 billion in value from the coin’s peak market value, erasing all the gains it clocked up following Tesla Inc.’s…