Bitcoin and ether prices drop sharply, falling more than 10%

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Bitcoin prices dropped sharply on Saturday afternoon, plunging more than 10% to hit a low of over $43,000.

The price of ether dived. On Saturday afternoon, it also dropped more than 10% to a low close to $3,500.

In 2021, bitcoin and ether have seen huge rallies. In April 2021, the cryptocurrency market topped $2 trillion in value for the first time.SINGAPORE — Bitcoin prices dropped sharply Saturday , plunging more than 10% to a low near $43,000. The world's most prominent cryptocurrency pared some losses by mid-afternoon Singapore time, changing hands at around $47,607. Still, bitcoin has dropped more than 16% in the past 24 hours, according to Coindesk.

The price of ether also dived, dropping more than 10% to a low near $3,500. It came back somewhat afterward, trading near $3,888. Ether, the world's second-largest digital coin by market value, has lost more than 14% over the past 24 hours, according to Coindesk.

 

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And ether has already almost recovered

“SELL YOUR BITCOIN!!!!” - mainstream media. Like that’s not what they’ve been told to say to manipulate the market. Trade your $BTC for $XRP

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The highest drop of BTC reached 20%. Fell below 41,000 U.S. dollars.

Does everyone have headaches?

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Don't worry it will rise

More LIES & BS about NON EXISTENCE VALUE MEASURES for LOST HUMANS ILLUSIONS. WAKE UP and EXIT THE MATRIX ! ALL DIGITAL CURRENCY ARE JUST ANOTHER STEPPING STONE LIE TO GET THE LAST FUNDS HUMANS HAVE LEFT !

It’s Ok due to periodicity. Periodicity is more powerful than trend from my observation. Be patient to wait it stabilized, then add heavy positions for another round harvesting.

Crapto currency ..monopoly money 😂

Keep Calm and Stack Sats Bitcoin

The world is hungry for hard money. Once the Silents and Boomers figure this out or pass on their wealth to Millenials, the world will realize how scarce btc is. A short term dip means nothing to those of us who hold conviction in the future of money.

needs to drop by around 3000 percent so I can afford some!

It’s a scam.

Holding

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Now nayibbukele can use Salvadoran tax payer’s money to buy more BTC instead of doing real investments on the country to help Salvadorans tax payers. In LA all presidents start good, after a little while change to become dictators or populists.

Social media sentiment of bitcoin was cooling down hours before the fall of $BTC, see chart. We determine sentiment by applying machine learning on social posts about $BTC. Support levels in range 54k to 50k also very weak. source:

What is ether?

A message from the smart side of the room…

If you can’t handle a 20% dump, then you don’t deserve a 200% pump. Bitcoin

Fool’s gold could hit $100k or $0 and it wouldn’t be surprising. Bitcoin

Sooner rather than later Bitcoin will drop to zero.

Been buying the dip for the last few weeks but it keeps dipping

Still better than $

From $69k to $43k...that's 37+% less in ONE MONTH....!! Where has the difference gone...? In who's pockets? Mayor of Miami Francis Xuarez is said will request his salary in this crypto... Hilarious!

IN THE FUTURE BITCION WILL BECOME THE DEATH CION FOR THOSE WHO ARE DOING TRADING IN THE BITCION.

while the HCN rocketing

'Revolution!'

LOL who would trust their savings with this crap? Hell no

And this network will milk this as much as possible to try and cause them to drop artificially even more . Shame

0.2% of market cap liquidation leads to a 20% drop in price. Let that sink in. 100x multiplier which tells what the market really values Bitcoin at. Which brings to the market valued price of $500 . 🤣 Of course the intrinsic value remains $0. CryptoNews CryptoBill

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GREAT.

Santa Claus just said FU i ain't coming this year!

Reason?

10%? Which chart were looking at? It is over 16% at best? And that was a crash not a drop 🙄

…but Tom Brady said to buy it …

...no reason yet?

Bitcoin target is 41000. 68000 wall. 1 W Jul 18

CLEARANCE SALE BUY THE DIP PEOPLE 👍

Ohh no 😣

It is true that cryptocurrencies are gambling scams 😂

everything yall wanted just punish crypto over the news til yall get what yall want to screw everything thats strong because the governments want to gain everything from it

Haha

Bitcoin target is 41000. Ether target 2800 W1 Jul 18

Buy the dip while it’s this cheap people 🚀

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