“It’s as good as a chocolate teapot.” Crypto investors panic as Bitcoin collapses to almost $30,000
The bitcoin exchange rate on Wednesday afternoon, May 19, collapsed to almost $30,000, having lost all growth since February. Crypto investors are in a panic, and the largest exchanges have collapsed. What is happening and what to expect next? What's happening On Wednesday morning, Bitcoin fell below $40,000 for the first time since April. In the afternoon, it rushed down to a new level of $30,000, but did not cross it.