15 min
Bitcoin Flash Crash & Total Cryptocurrency Market Update Raging 20s
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- Technology
On May 19, 2021, Bitcoin dropped 50% to a low around the $30,000 range. In a single day, over 3 billion dollars was erased from the bitcoin network/market but recovered rather quickly. It was truly an eventful week from Elon Musk stopping Tesla Bitcoin payments to many. My opinions on what happened and where do we go from here.
On May 19, 2021, Bitcoin dropped 50% to a low around the $30,000 range. In a single day, over 3 billion dollars was erased from the bitcoin network/market but recovered rather quickly. It was truly an eventful week from Elon Musk stopping Tesla Bitcoin payments to many. My opinions on what happened and where do we go from here.
15 min