09 May 2022

Bitcoin price crashes to 2022 low amid crypto market collapse

Bitcoin (BTC) has fallen to its lowest level in 2022, down more than 50 per cent from its all-time price high.

The cryptocurrency crashed below $33,000 on Monday morning for the first time since July 2021, according to CoinMarketCap’s price index, marking the latest in a severe capitulation from its price peak in November.

The price drop comes amid a broader crypto market collapse, which has seen nearly $300 billion wiped from the value of cryptocurrencies over the last four days.

Why has Bitcoin & other cryptocurrencies plummeted? Because it is worthless! Read what investment giants and Techies think of crypto. Do not waste your hard earned money, while damaging our planet - it's just greed...

www.independent.co.uk


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