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#Cryptocrash sparks a meme fest on Twitter timeline

Bitcoin falls below $27,000 for first time since December 2020!

Cryptocrash#Cryptocrash sparks a meme fest on Twitter timeline | OyeYeah News
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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,ย  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 ofย  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.

 

 

the authorSaman Siddiqui
Saman Siddiqui, A freelance journalist with a Masterโ€™s Degree in Mass Communication and MS in Peace and Conflict Studies. Associated with the media industry since 2006. Experience in various capacities including Program Host, Researcher, News Producer, Documentary Making, Voice Over, Content Writing Copy Editing, and Blogging, and currently associated with OyeYeah since 2018, working as an Editor.