Bitcoin dumps 7%

Wow! What a dump! The crypto took a nose dive yesterday due to a massive bitcoin sell off. A little bit of investigation found some articles talking about Elon Musk's SpaceX having sold off all their bitcoin. This apparently sparked a domino effect which saw the market dip as much as 7%, and up to 25% for altcoins like XRP.

The cause is yet to be verified, but there were liquidations in both direction causing volatility we haven's seen since the FTX crash.

Ade