Bitcoin Plunge Exceeds 25%, Wipes $500 Billion From
Market Value
https://www.bloomberg.com/news/articles/2021-05-19/bitcoin-erases-all-gains-since-elon-musk-s-initial-big-embrace
We’re About to Find Out Who in Crypto Is Really ‘In
It for the Tech’
https://www.bloomberg.com/news/articles/2021-05-19/we-re-about-to-find-out-who-in-crypto-is-really-in-it-for-the-tech
https://www.bloomberg.com/news/articles/2021-05-19/bitcoin-erases-all-gains-since-elon-musk-s-initial-big-embrace
https://www.bloomberg.com/news/articles/2021-05-19/we-re-about-to-find-out-who-in-crypto-is-really-in-it-for-the-tech
Bitcoin Crash Pits Wall Street Against `Shrooms
https://www.bloomberg.com/opinion/articles/2021-05-19/bitcoin-btc-dive-pits-wall-street-s-technical-analysts-against-shrooms
“The “Musk premium” has evaporated from Bitcoin markets, leading to the umpteenth wake-up call for anyone not on magic mushrooms: This is not the future of money. With price swings like a 26% fall in one month, the cryptocurrency is unlikely to be adopted as a widespread method of exchange any time soon. It’s about as useful as a chocolate teapot at the moment — you can’t even use Bitcoin to buy a Tesla”.
https://www.bloomberg.com/opinion/articles/2021-05-19/bitcoin-btc-dive-pits-wall-street-s-technical-analysts-against-shrooms
“The “Musk premium” has evaporated from Bitcoin markets, leading to the umpteenth wake-up call for anyone not on magic mushrooms: This is not the future of money. With price swings like a 26% fall in one month, the cryptocurrency is unlikely to be adopted as a widespread method of exchange any time soon. It’s about as useful as a chocolate teapot at the moment — you can’t even use Bitcoin to buy a Tesla”.