Get 40% Off
🤯 Perficient is up a mind-blowing 53%. Our ProPicks AI saw the buying opportunity in March.Read full update

Bitcoin falls 8.9% to $34,156

Published 05/23/2021, 06:23 AM
Updated 05/23/2021, 06:30 AM
© Reuters. FILE PHOTO: The Bitcoin logo is pictured on a crypto currency ATM machine in a shop in Union City, New Jersey, U.S., May 19, 2021. REUTERS/Mike Segar

(Reuters) - Bitcoin fell by 8.9% to $34,156 at 1000 GMT on Sunday, losing $3,344.54 from its previous close.

Bitcoin, the world's biggest and best-known cryptocurrency, is down 47.4% from this year's peak of $64,895.22 on April 14.

Ether, the coin linked to the ethereum blockchain network, dropped 11.5% to $2,031.96 on Sunday, down $264.35 from its previous close.

Latest comments

the value is? nothing just energy waste , the only reason it will not go to 0 is because a lot is just dirty, tax evasion, drug and crime money 💰
its just another perfect dip buying opportunity for those woh have ***to invest in cryptocurrencies.
Bitcoin is dropping like leper whose legs just fell off
Enron Musk better tweet something soon. This can take the other 2 ponzi schemes,TSLA and ARKK down with it...
I'm hoping it's no longer mined in China. everyone talking about how bad China is for the environment should take a look at the slave labor they use to make your iPhone , Nike shoes, etc.
They don't care. They only worry about their own pockets. Smh
They really don't care. They only worry about their own pockets. Smh
does the US care?
The Chinese and us government want bitcoin gone sad it will take some huge hits.
Buy now and hodl. The cycle continues... Nothing new, just chineese and US whales manipulation...
If you liked it at 40k you will love it at 20k
maybe we will talk of cryptos as tulips in history books
After breaking a major support 54000 on May 13, our technical analysis was short on Bitcoin while other investors were buying cryptocurrencies.
Monday morning quarterback!
Just HODL... Until you lost everything
Next stop zero!
😆
oh well, they don't support emoji lol. Yes, I would love to see BTC near zero.
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.