Bitcoin has dropped to $21,775 on Thursday (June 16) while its market capitalisation has fallen to $415 billion, from over one trillion dollars in November 2021.
Author: Javed Mahmood
Javed Mahmood
I am an experienced writer, analyst, and author. My exposure in English journalism spans more than 28 years. In the past, I have been working with daily The Muslim (Lahore Bureau), daily Business Recorder (Lahore/Islamabad Bureaus), Daily Times, Islamabad, daily The Nation (Lahore and Karachi). With daily The Nation, I have served as Resident Editor, Karachi. Since 2009, I have been working as a Freelance Writer/Editor for American organizations.
Millions of crypto-lovers have sidelined from the market after facing losses and waiting for the return of good days. Miners too have adopted wait-and-see policy as the cost of mining has increased because of a drastic decline in the value of Bitcoin and Altcoins.
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