New Delhi: The cryptocurrency market has been turbulent for two weeks now starting the meltdown on May 19 leading to a tremendous decrease in the value of major cryptocurrencies like Bitcoin and Ethereum. Bitcoin once again saw a 3% decrease in the value on Monday as Bitcoin stayed near $35,000 in value.<\/p>\n
Elon Musk started the turbulence earlier this month, when he backtracked on his decision about Tesla accepting Bitcoin as a mode of payment. Elon made the decision due to the excessive use of fossil fuels in mining the cryptocurrencies.<\/p>\n
So, far Bitcoin and Ethereum has lost almost half of its value since reaching their highest earlier in the April.<\/p>\n
Prices of top cryptocurrencies today (May 31)<\/p>\n
1. Bitcoin \u2013 $35,600<\/p>\n
2. Ethereum \u2013 $2,438<\/p>\n
3. Tether \u2013 $1.00<\/p>\n
4. Binance Coin \u2013 $328<\/p>\n
5. Cardano \u2013 $1.62<\/p>\n
6. XRP \u2013 $1.00<\/p>\n
7. Dogecoin \u2013 $0.30<\/p>\n
8. Polkadot \u2013 $20.70<\/p>\n","protected":false},"excerpt":{"rendered":"
New Delhi: The cryptocurrency market has been turbulent for two weeks now starting the meltdown on May 19 leading to a tremendous decrease in the value of major cryptocurrencies like Bitcoin and Ethereum. Bitcoin once again saw a 3% decrease in the value on Monday as Bitcoin stayed near $35,000 in value. Elon Musk started […]<\/p>\n","protected":false},"author":1,"featured_media":6766,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":{"0":"post-6765","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business"},"_links":{"self":[{"href":"https:\/\/ncrfrontlinenews.com\/index.php?rest_route=\/wp\/v2\/posts\/6765","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ncrfrontlinenews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ncrfrontlinenews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ncrfrontlinenews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ncrfrontlinenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6765"}],"version-history":[{"count":1,"href":"https:\/\/ncrfrontlinenews.com\/index.php?rest_route=\/wp\/v2\/posts\/6765\/revisions"}],"predecessor-version":[{"id":6767,"href":"https:\/\/ncrfrontlinenews.com\/index.php?rest_route=\/wp\/v2\/posts\/6765\/revisions\/6767"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ncrfrontlinenews.com\/index.php?rest_route=\/wp\/v2\/media\/6766"}],"wp:attachment":[{"href":"https:\/\/ncrfrontlinenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6765"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ncrfrontlinenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6765"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ncrfrontlinenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6765"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}