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#Cryptocrash sparks a meme fest on Twitter timeline

The worst Cryptocrash has sparked a meme fest on the Twitter timeline!

The investors in the Cryptocurrencies lost millions as Bitcoin dropped to as low as $26,970 on Thursday,  to stand at its lowest since December 28, 2020.

The world’s largest cryptocurrency, in the last eight sessions, has lost a third of its value, or $13,000.

According to the traders, its recent decline mirrors tumbles in tech stocks, as the Nasdaq has lost 6.4% this week.

Meanwhile, the world’s second-largest cryptocurrency, Ether, tumbled more than 10% on Thursday to stand as low as $1,833, its lowest since July 2021.

While, the market players are still weighing the fallout of  Cryptocurrency’s collapse to identify if any major companies or investors have been badly hurt, as a possible clue to wider contagion, many tried to laugh off the loss by sharing memes on Twitter.

 

https://twitter.com/boreddyno/status/1524697447297011713

 

Saman Siddiqui

I am a freelance journalist, holding a Master’s Degree in Mass Communication and an MS in Peace and Conflict Studies, associated with the electronic media industry since 2006 in various capacities. Here at OyeYeah, I cover a range of genres, from journalism to fiction to fashion, including reviews, and fact findings. 

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