Bitcoin Tumbles 12%, Erases Gains For June | CNBC



Bitcoin dropped Thursday to its lowest level for June.
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Bitcoin Tumbles 12%, Erases Gains For June | CNBC

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23 Thoughts to “Bitcoin Tumbles 12%, Erases Gains For June | CNBC”

  1. Rory Wilkins

    Fake news! It's already recovered.

  2. Darrin Slack

    ALL markets crashed this week, NOT only cryptos. This is just more nonsense from people who don't understand crypto market and still try to smear them.

  3. Tay nology

    wow! now I'm starting to lose all respect for these business news channels. Maybe they dont know how ridiculous they sound.

  4. Max L

    Ohhhm my God… 12 % down…. and it went up "only" 1500$ since the beginning of this year…
    what a nightmare…

  5. Reginald Rice

    It took a 12% decline to knock off ONE month's gains??? You mean Bitcoin was up 12%, just in June? If the S&P or the NASDAQ declined 12%, it would knock off 18 months of gains. It only takes a bit more than a 1% drop to knock it back into last month!! I moved money from that stagnant stock market into crypto and I'm already up over 15%…in one week…in a week when there was this 12% pullback!! One day, these folks are going to figure out how they're being played, with these Jedi mind tricks in the equity markets. HINT – the Fed has telegraphed all year about 'reducing the balance sheet.'. That 'balance sheet' is a major reason for the appearance of strength in the markets, along with financial engineering (stock buybacks, phony earnings), the Yen carry trade (institutional short-term trading), and, historic over-valuations.

  6. Broadhurst Gardens

    OMG down 12% – it's not going up vertically – Bitcoin is dead.

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