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Bitcoin plunges, Ethereum suffers, Musk loses billions: Hodler’s Digest, Feb. 21–27

CryptocurrencyFeb 28, 2021 04:40AM ET
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Bitcoin plunges, Ethereum suffers, Musk loses billions: Hodler’s Digest, Feb. 21–27

Increasing stock market volatility drags Bitcoin and altcoin prices lower

Bitcoin has had an exceptionally trying week, and it doesnt bode well for March a month thats traditionally bearish for the worlds biggest cryptocurrency.

After hitting record highs of $58,300 last Sunday, Bitcoin suffered a dramatic reversal of fortunes crashing to $46,000 on Tuesday. Elon Musk might not have helped matters in the run-up to the correction, he had tweeted that BTC and ETH seemed high.

MicroStrategy purchases another $1 billion worth of Bitcoin, now owns 90,000 BTC

Cardano is now a top-three cryptocurrency as ADA price soars 27% in 24 hours

Musk no longer worlds richest man after Tesla (NASDAQ:TSLA) and Bitcoin slump

Coinbase has held Bitcoin on its balance sheets since 2012

1 billion people will store life savings on their phone in Bitcoin by 2026 MicroStrategy CEO

Bill Gates warns Bitcoin buyers: If you have less money than Elon Musk, watch out

Whale who sold Bitcoin before 2020 crash cashed out $156 million before this weeks 20% dip

Crypto influencer warns Ethereum fees will drive users away

Sam Bankman-Fried: The crypto whale who wants to give billions away

Cant beat em? Join em: Mastercard (NYSE:MA) and Visa (NYSE:V) make a case for Bitcoin

Bitcoin price flies solo? Institutional crypto push may be overrated

Continue Reading on Coin Telegraph

Bitcoin plunges, Ethereum suffers, Musk loses billions: Hodler’s Digest, Feb. 21–27
 

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Comments (10)
Brent Pye
Brent Pye Feb 28, 2021 11:03PM ET
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these comments haven't aged well. learn how to do some technical analysis boys. falling wedge is bullish. new ATHs coming with 2 weeks. see you at $75k.
Art Fire
Art Fire Feb 28, 2021 4:21PM ET
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I doubt musk "lost billions"  these articles need some DD
Cal Lowe
Cal Lowe Feb 28, 2021 1:08PM ET
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Time to buy the dip. Elon is smart, he tweeted and price came down. He will buy more. Tesla and BTC will fly soon
David David
David9 Feb 28, 2021 9:14AM ET
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Is only paper lost for Musk...Tesla and Bitcoin will doubled by year end...
ZS Beck
ZS Beck Feb 28, 2021 8:33AM ET
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Why Musk is losing?They probably buy them at a much lower level. If they bought them for future use, then the price is irrelevant. Of course, It is questionable why they buy it. You don't have to own it if you want to accept it as payment.
Din Daniels
Din Daniels Feb 28, 2021 8:29AM ET
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See, he should have held his Dogecoin, not switch to Bitcoin
Johnny Bellboy
Johnny Bellboy Feb 28, 2021 7:49AM ET
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This just the start Kurt not a goodbye
Johnny Bellboy
Johnny Bellboy Feb 28, 2021 7:48AM ET
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This is just the start Kurt, not a goodbye
bittoo Singh
bittoo Singh Feb 28, 2021 7:43AM ET
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wait for some day only
Kurt Maxberry
Kurt Maxberry Feb 28, 2021 5:42AM ET
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Bye bye bitcoin it was fun.
 
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