Cryptocurrencies such as Bitcoin have recorded stunning falls in value overnight as panic selling kicks into high gear. Sky News contributor Peter Switzer said he had trouble explaining the rise and fall of Bitcoin and labelled it one of the "most speculative" forms of punting. “I can see Bitcoin surviving all this but given the fact that China basically said they don’t want to deal with businesses that are using bitcoin," he said.
from Breaking National News and Australian News | Daily Telegraph https://ift.tt/3f0dTMs
Wednesday, May 19, 2021
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