Bitcoin plunges, Ethereum suffers, Musk loses billions: Hodler’s Digest, Feb. 21–27
Cointelegraph
Published Feb 27, 2021 04:09PM ET
Updated Feb 28, 2021 04:40AM ET
Bitcoin has had an exceptionally trying week, and it doesnt bode well for March a month thats traditionally bearish for the worlds biggest cryptocurrency.
After hitting record highs of $58,300 last Sunday, Bitcoin suffered a dramatic reversal of fortunes crashing to $46,000 on Tuesday. Elon Musk might not have helped matters in the run-up to the correction, he had tweeted that BTC and ETH seemed high.
h4 MicroStrategy purchases another $1 billion worth of Bitcoin, now owns 90,000 BTC/h4 h4 /h4 h4 Cardano is now a top-three cryptocurrency as ADA price soars 27% in 24 hours/h4 h4 /h4 h4 Musk no longer worlds richest man after Tesla (NASDAQ:TSLA) and Bitcoin slump/h4 h4 Coinbase has held Bitcoin on its balance sheets since 2012/h4 h4 /h4 h4 /h4 h4 1 billion people will store life savings on their phone in Bitcoin by 2026 MicroStrategy CEO/h4 h4 /h4 h4 /h4 h4 Bill Gates warns Bitcoin buyers: If you have less money than Elon Musk, watch out/h4 h4 /h4 h4 Whale who sold Bitcoin before 2020 crash cashed out $156 million before this weeks 20% dip/h4 h4 /h4 h4 Crypto influencer warns Ethereum fees will drive users away/h4 h4 /h4 h4 /h4 h4 Sam Bankman-Fried: The crypto whale who wants to give billions away/h4 h4 /h4 h4 Cant beat em? Join em: Mastercard (NYSE:MA) and Visa (NYSE:V) make a case for Bitcoin/h4 h4 Bitcoin price flies solo? Institutional crypto push may be overrated/h4Continue Reading on Coin Telegraph
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