“It’s the most violent crash I’ve experienced”: the extreme feverishness of cryptocurrency holders – Le Figaro

TESTIMONIALS – Compared to the historic high of 67,000 dollars, reached in October 2021, the fall of bitcoin is close to 70%. To invest in cryptocurrencies, you have to have a strong heart. After a tumble that began on May 4, bitcoin, the first of the cryptocurrencies, collapsed on Thursday May 12 below 27,000 dollars for the first time since December 2020, a fall of 15% in 24 hours. Compared to the historic high of 67,000 dollars, reached in October 2021, the fall is close to 70%! This new crash has shaken investors. Some go through this kind of crisis with philosophy, experience helping. Others see no other way out than to rush off their assets. The phases of falling bitcoin prices can be trying. Climate of extreme fear The most seasoned investors know it: betting on bitcoin is… This article is for subscribers only. You have 89% left to discover. Cultivating your freedom is cultivating your curiosity. Continue reading your article for €1 the first month Already a subscriber? Login