Cryptocurrency

Cryptocurrency meltdown continues as investors exit risky market



The massive downturn in cryptocurrencies continued Thursday, as the price of Bitcoin plunged to its lowest point since 2020. Peter Smith, CEO and co-founder of Blockchain.com, joins CBS News’ Lilia Luciano to discuss the recent volatility.

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37 Comments

  1. This< is exactly right. What's interesting about BTC right now is that it is in the process of retesting the quarterly mid range area as support on the weekly timeframe. Beginners focus on analysis, but professionals operate in a three dimensional space. They are aware of trading psychology their own feelings and the mass psychology of the markets. <Meanwhile tradiing bitcoin options provide excellent opportunities for investors aiming to maximize gains while limiting their losses. Using multiple call(buy) options, Michelle Daryle Taveras creates a strategy capable of returns six times higher than the potential loss these can be used in bullish and bearish circumstances, depending on the investors expectations. know that concentrating investments based on ones own convictions and homework, plus the ability to deal with losses, is the key to success..

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