New COVID Variant FUD Drives Bitcoin Down To $54k
The news of the latest COVID variant is invoking a fresh wave of FUD among investors, with Bitcoin crashing down to $54k, and markets across the board slipping into the red. Bitcoin Plunges To $54k As News Of COVID Variant Emerges Financial markets are moving into the red on Friday as news of a new COVID variant makes investors around the world worried. According to a BBC report, this new variant was discovered in South Africa, and scientists have found it to be the most heavily mutated version so far. Not much is clear about the variant’s properties yet, but what looks to be most....
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Bitcoin wrapped up this past Thanksgiving night with a bloody trading session. The first crypto by market cap was rejected as it made its way to $60,000 and has dropped over 6% in the 24-hour chart. As of press time, BTC trades at $54,084 but seems at risk of further downside. Related Reading | New COVID Variant FUD Drives Bitcoin Down To $54k Besides Bitcoin, the traditional finance market took a hefty dive on news of a recently discovered COVID-19 variant in Africa. This wrack havoc across many sectors with the S&P 500 and DOW Jones recording an almost 3% loss in the past 24 hours.....
FOMO has grabbed hold of crypto speculators who have been loading up on Omicron tokens following the WHO’s naming of the latest COVID-19 variant. A relatively obscure cryptocurrency called Omicron (OMIC) has surged to an all-time high today as a new fast-spreading COVID-19 variant got christened with the same name.Omicron’s OMIC token hit an all-time high of $689 a couple of hours ago during the Monday morning Asian trading session. The move has added another 200% gains on the day for the token and a whopping 945% since Saturday when it was trading around $65.OMIC/USD 7days -....
The Wolf Of All Streets Podcast host, Scott Melker, called out attempts by the mainstream media to introduce a new Bitcoin FUD narrative. Melker raises doubts on the premise that returning fears over the new covid variant are responsible for the slide in Bitcoin price. “New FUD narrative that I am seeing across headlines- people […]
A recent security experiment conducted at the University of Illinois Urbana-Champaign goes to show how insecure freely distributed USB drives can be. Almost one in two drives were taken and plugged into a computer right away, regardless of possible consequences. Please Refrain From Using Unknown USB Drives. There is something very appealing about goodies, especially if they come in the form of an item everybody can use. USB Drives present an excellent example of how dangerous these goodies can be, though, as users will plug them into their computer without giving it a second thought. That....
Bitcoin price action steadies after losing almost $6,000 on Nov. 26 as winners and losers from the coronavirus-‘Nu’-variant scare emerge. Bitcoin (BTC) stemmed some of its losses as Wall Street opened on Nov. 26 after concern over a new COVID-19 variant spark a global market sell-off.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewPfizer gains as coronavirus panic sets inData from Cointelegraph Markets Pro and TradingView showed BTC/USD ending its downturn at just above $53,500 on Bitstamp.The pair then added almost $1,500 as some sense of equilibrium returned to crypto markets,....