Cryptocurrencies are undoubtedly the most volatile investment of our time and can make movements of billions of dollars in only a few hours. A particular example of this was last week; billions of dollars were wiped from the total market capitalization. Perhaps that is one of the reasons Carl Icahn criticizes the currency.
Digital currencies plunged more than 20% at the top of the selloff in early trading on today. But the markets instantly moved into the green territory after few hours of the collapse.
Why Did Prices Rebound Instantly?
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