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SVTPerformance's Chain of Restaurants
Road Side Pub
BITCOIN
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<blockquote data-quote="Weather Man" data-source="post: 16611393" data-attributes="member: 137766"><p><a href="https://seekingalpha.com/news/3685029-bitcoin-breaks-below-50k-as-cryptocurrency-selloff-continues" target="_blank">Bitcoin breaks below $50K as cryptocurrency selloff continues</a></p><ul> <li data-xf-list-type="ul">At its worst levels of about $47K in the pre-dawn hours, bitcoin (<a href="https://seekingalpha.com/symbol/BTC-USD" target="_blank">BTC-USD</a>) was down more than 25% from its all-time high hit last week amid the Coinbase (NASDAQ:<a href="https://seekingalpha.com/symbol/COIN" target="_blank">COIN</a>) public listing frenzy.</li> <li data-xf-list-type="ul">There's been a modest bounce since, and bitcoin is currently changing hands at $49.9K.</li> <li data-xf-list-type="ul">Recent speculative favorites like Dogecoin (<a href="https://seekingalpha.com/symbol/DOGE-USD" target="_blank">DOGE-USD</a>), Filecoin (<a href="https://seekingalpha.com/symbol/FIL-USD" target="_blank">FIL-USD</a>), Binance Coin (<a href="https://seekingalpha.com/symbol/BNB-USD" target="_blank">BNB-USD</a>) are faring even worse.</li> <li data-xf-list-type="ul">The catalyst for the selloff <a href="https://seekingalpha.com/news/3684917-bitcoin-falls-to-50k-after-biden-floats-doubling-capital-gains-tax" target="_blank">may have been chatter </a>about a sharply higher capital gains tax rate, but the recent crypto furor almost demanded a cool-down period.</li> <li data-xf-list-type="ul">Checking some blockchain-related companies in the premarket ... Coinbase, Microstrategy (NASDAQ:<a href="https://seekingalpha.com/symbol/MSTR" target="_blank">MSTR</a>), Riot Blockchain (NASDAQ:<a href="https://seekingalpha.com/symbol/RIOT" target="_blank">RIOT</a>), Marathon Digital (NASDAQ:<a href="https://seekingalpha.com/symbol/MARA" target="_blank">MARA</a>) are all down 2%-3% following far larger tumbles in yesterday's trade.</li> </ul></blockquote><p></p>
[QUOTE="Weather Man, post: 16611393, member: 137766"] [URL='https://seekingalpha.com/news/3685029-bitcoin-breaks-below-50k-as-cryptocurrency-selloff-continues']Bitcoin breaks below $50K as cryptocurrency selloff continues[/URL] [LIST] [*]At its worst levels of about $47K in the pre-dawn hours, bitcoin ([URL='https://seekingalpha.com/symbol/BTC-USD']BTC-USD[/URL]) was down more than 25% from its all-time high hit last week amid the Coinbase (NASDAQ:[URL='https://seekingalpha.com/symbol/COIN']COIN[/URL]) public listing frenzy. [*]There's been a modest bounce since, and bitcoin is currently changing hands at $49.9K. [*]Recent speculative favorites like Dogecoin ([URL='https://seekingalpha.com/symbol/DOGE-USD']DOGE-USD[/URL]), Filecoin ([URL='https://seekingalpha.com/symbol/FIL-USD']FIL-USD[/URL]), Binance Coin ([URL='https://seekingalpha.com/symbol/BNB-USD']BNB-USD[/URL]) are faring even worse. [*]The catalyst for the selloff [URL='https://seekingalpha.com/news/3684917-bitcoin-falls-to-50k-after-biden-floats-doubling-capital-gains-tax']may have been chatter [/URL]about a sharply higher capital gains tax rate, but the recent crypto furor almost demanded a cool-down period. [*]Checking some blockchain-related companies in the premarket ... Coinbase, Microstrategy (NASDAQ:[URL='https://seekingalpha.com/symbol/MSTR']MSTR[/URL]), Riot Blockchain (NASDAQ:[URL='https://seekingalpha.com/symbol/RIOT']RIOT[/URL]), Marathon Digital (NASDAQ:[URL='https://seekingalpha.com/symbol/MARA']MARA[/URL]) are all down 2%-3% following far larger tumbles in yesterday's trade. [/LIST] [/QUOTE]
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