Crypto Market Downturn Mostly Shakes Out Short-Term Bitcoin Traders
It’s been a rough week for the crypto market̶ and it appears to be at the hands of “n00bs.” Ethereum’s ETH is down 15% from its all-time high of $4,356 on May 12, trading just above $3,300 at the time of writing. And Bitcoin has been hit especially hard with a 25% loss over the…
By: Dan Kahan •
DeFi
It’s been a rough week for the crypto market̶ and it appears to be at the hands of “n00bs.” Ethereum’s ETH is down 15% from its all-time high of $4,356 on May 12, trading just above $3,300 at the time of writing. And Bitcoin has been hit especially hard with a 25% loss over the…
Loading this article…
Advertisement
Free newsletters
Good reporting. Delivered.
Choose your coverage: crypto and DeFi, the future of finance, or both.
Free. Unsubscribe anytime.





