Crypto chart lines, looking very vertical from $40,000 in very recent times.

[empedocles]

SAN FRANCISCO — The price of Bitcoin fell below $20,000 for the first time since late 2020 on Saturday, amid a broader market meltdown driven by rising interest rates, inflation and economic uncertainty spurred by the war in Ukraine.

The plunge — it sank below $19,000 at one point Saturday — took place over several months for Bitcoin, the most popular cryptocurrency. Its fall was accelerated in recent weeks by the collapse of two major cryptocurrency projects, Terra-Luna and Celsius, while sowing doubts about the stability of the overall cryptocurrency market. Bitcoin has erased some $900 billion of value since its peak in November.

https://www.nytimes.com/2022/06/18/technology/bitcoin-20000.html

[XanaDUer2]

1. If I don't understand it

My money doesn't buy it

[empedocles]

2. Heard something on the news, about 70% of those crypto buyers polled, were in losing positions