Archive: sell-off


Bitcoin Sell-Off is Nothing to Panic About

By Vin Narayanan on April 19, 2021

My phone woke me up unexpectedly Sunday morning. It was buzzing with the news that bitcoin had suffered a flash crash — dropping as much as 14% to $51,141. I saw the alerts, checked my Twitter timeline and then rolled over and went back to sleep. And I slept soundly. Because — in my mind — there’s nothing to worry about. Indeed, by the time I…