forum robot forex indonesia tagged posts

Bitcoin has rallied after plunging below the $40,000 mark for the first time in more than three months, as Tesla boss Elon Musk insists the company will not sell any of its holdings in the cryptocurrency

Bitcoin has rallied after plunging below the $40,000 mark for the first time in more than three months, as Tesla boss Elon Musk insists the company will not sell any of its holdings in the cryptocurrency.

Despite the turbulence, celebrities and others who bought in early are still up big – but small investors who jumped on the Bitcoin trend in the past few months may have suffered ruinous losses.

Investors had rushed out of cryptocurrency earlier Wednesday after China sparked a market panic when officials announced a regulatory crackdown. Bitcoin dropped as low as $30,201.96 – down as much as 30 percent before it retraced most of its losses after Musk’s vote of confidence. 

By late afternoon trade in New York, the currency was still down about 10 percent on the day, but was well off its e...

Read More