Bitcoin plummeted as much as 17% on Tuesday as investors grew nervous at sky-high valuations, triggering the liquidation of leveraged bets and sparking a sell-off across cryptocurrency markets.

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Bitcoin plummets as doubts grow over sky-high valuation

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#Bitcoin plummeted as investors grew nervous at sky-high valuations, triggering the liquidation of leveraged bets and sparking a sell-off across cryptocurrency markets https://t.co/1iWyrKKq5t

Reuters

@Reuters By what metric do you “value” it Reuters?

Bitcorn’d 🏴‍☠️

@bitcornd @Reuters They don’t value anything but advertising money.

@Reuters This has happened before, when it was at $3000 or so.

Alex

Derrick N Ashong

@Reuters @DNAtv Not even *close* to the sky yet...

David Frum

@Reuters @davidfrum I have yet to understand what I can do with Bitcoin that I can't do with regular money. Except I can't buy groceries with it and I have to worry about how much it's worth every given day.

@Reuters Investors grew nervous? They hate that neck breads and autists own a sizeable portion of BTC

Federal Reserve

The Lone Apple🍎

@The_Lone_Apple @Reuters @davidfrum At least it may go up. Fiat will always go down

I hold no biases as to who I can be a Asshole to

Worker of Lead

Bitcoin Global 🌐 Quantum Financial ⚛️f Advisor:/ USA 🇺🇸 Supercar Enthusiast 🏎 Servant of God 🙏 Honor & Glorify #digitalWARrior

Kyle Salazar

Vegan VO

darkcrayon

Top and breaking news, pictures and videos from Reuters. For more breaking business news, follow @ReutersBiz.

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josh wilkins

Agent ZWL

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