The price drop has left miners
When the price of gold tanks, miners get hurt. It is the same story in the wild world of cryptocurrencies.
Prices of Bitcoin, the world’s leading digital currency, have tumbled nearly 30% in the past week and hit a 13-month low of about US$4,500 (RM18,800), according to data from CoinMarketCap. The total market value of cryptocurrencies has slumped to US$148bil (RM618bil), which is less than one-fifth of its worth during the market’s peak in January.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
