{"id":6057,"date":"2022-06-18T23:38:26","date_gmt":"2022-06-18T21:38:26","guid":{"rendered":"http:\/\/costops.com\/index.php\/2022\/06\/18\/crypto-panic-as-digital-assets-follow-share-prices-in-a-downward-spiral\/"},"modified":"2022-06-18T23:38:26","modified_gmt":"2022-06-18T21:38:26","slug":"crypto-panic-as-digital-assets-follow-share-prices-in-a-downward-spiral","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2022\/06\/18\/crypto-panic-as-digital-assets-follow-share-prices-in-a-downward-spiral\/","title":{"rendered":"Crypto panic as digital assets follow share prices in a downward spiral"},"content":{"rendered":"<p>Last week bitcoin fell 31% and Celsius put a hold on withdrawals \u2013 and some fear the turmoil is far from over<\/p>\n<p>The cryptocurrency market could do with some respite but its convention-breaking nature means there is no hiatus. Trading in digital assets such as bitcoin and ethereum runs 24\/7, unlike their conventional peers in equities on the New York and London stock exchanges, which at least get the weekend off.<\/p>\n<p>So one torrid week tends to run into another for this most cutting-edge of markets. Bitcoin \u2013 the cryptocurrency cornerstone \u2013 fell below the key level of $20,000 on Saturday morning, meaning it has dropped 34% in the past seven days, according to CoinGecko, which showed that ethereum, the other pillar of the market, had fallen 40% to $994 in the same period. There are fears bitcoin\u2019s fall will trigger more sell-offs, leading to another tumultuous seven days for digital assets.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/technology\/2022\/jun\/19\/crypto-panic-as-digital-assets-follow-share-prices-in-a-downward-spiral\">Continue reading&#8230;<\/a><br \/>\n<img src=\"https:\/\/i.guim.co.uk\/img\/media\/5fe528d39ac0800c855ae5b25102031f104fda96\/64_0_3296_1979\/master\/3296.jpg?width=140&amp;quality=85&amp;auto=format&amp;fit=max&amp;s=c533e9e2cf48e9faa6e2ce911df4b315\" title=\"Crypto panic as digital assets follow share prices in a downward spiral\" \/>Last week bitcoin fell 31% and Celsius put a hold on withdrawals \u2013 and some fear the turmoil is far from over<br \/>\nThe cryptocurrency market could do with some respite but its convention-breaking nature means there is no hiatus. Trading in digital assets such as bitcoin and ethereum runs 24\/7, unlike their conventional peers in equities on the New York and London stock exchanges, which at least get the weekend off.<br \/>\nSo one torrid week tends to run into another for this most cutting-edge of markets. Bitcoin \u2013 the cryptocurrency cornerstone \u2013 fell below the key level of $20,000 on Saturday morning, meaning it has dropped 34% in the past seven days, according to CoinGecko, which showed that ethereum, the other pillar of the market, had fallen 40% to $994 in the same period. There are fears bitcoin\u2019s fall will trigger more sell-offs, leading to another tumultuous seven days for digital assets. Continue reading&#8230;Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Last week bitcoin fell 31% and Celsius put a hold on withdrawals \u2013 and some fear the turmoil is far from over The cryptocurrency market could do with some respite but its convention-breaking nature means there is no hiatus. Trading in digital assets such as bitcoin and ethereum runs 24\/7, unlike their conventional peers in &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"http:\/\/costops.com\/index.php\/2022\/06\/18\/crypto-panic-as-digital-assets-follow-share-prices-in-a-downward-spiral\/\"> <span class=\"screen-reader-text\">Crypto panic as digital assets follow share prices in a downward spiral<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":0,"featured_media":6058,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/6057"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=6057"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/6057\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/6058"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=6057"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=6057"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=6057"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}