Alas, not even a trio of (rented) Lamborghinis[1], a 1,000-person yacht party and a performance[2] by 46-year-old rapper Snoop Dogg could prevent the value of virtual currencies tracked by Coinmarketcap.com from sinking by $45 billion since May 11. Bitcoin, the most popular of the bunch, dropped 3.7 percent this week to $8,117.43 even as Arthur Hayes -- the crypto exchange executive whose firm rented the Lamborghinis -- predicted[3] a surge to $50,000 by year-end....
References
- ^ Lamborghinis (www.bloomberg.com)
- ^ performance (www.bloomberg.com)
- ^ predicted (www.youtube.com)