“₿itcoin’s Wild Ride: From Heavenly Heights to Earthly Depths 🌋”
Oh, the joy of cryptocurrencies! Our beloved Bitcoin, the star of the digital show, decided to take a little dive, plunging to an intraday low of $79,355 on the Bitstamp exchange, precisely at 14:19 UTC. Quite the spectacle, wouldn’t you say?
And here we were, thinking that the good old days of stability were back since February 28th, when our dear Bitcoin touched an intraday low of $78,197, only to bounce back like a 🎈, soaring by almost 22% in a mere three days to reach a local peak of $95,192 on March 2nd.
Yes, folks, that was the moment when Bitcoin was declared the heart of the strategic crypto reserve in the U.S., but alas, the honeymoon didn’t last long. In just two days since the official confirmation, our beloved coin collapsed to an intraday low of $81,463. Talk about love in the time of volatility!
Now, our leading cryptocurrency company finds itself caught up in the whirlwind of global economic headwinds, much like other risk assets. The tech-heavy Nasdaq 100 index has taken quite the beating this year, down by over 7% since January. And what do you know? Stocks are getting crushed yet again following the start of another trading session. 🙄
Stocks are getting crushed
— Joe Weisenthal (@TheStalwart) March 10, 2025
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2025-03-10 17:54