Top Cryptocurrency News on May 10: The biggest moves in Bitcoin prices, crypto policies and more


Bitcoin takes tumble, cryptocurrency down 28 percent over the year

Bitcoin, the world’s biggest cryptocurrency, is on a tumble down 28 percent this year so far. As per analysts and watchers, the Russia-Ukraine war and changing economic policies impacted the cryptocurrency market as investors flee to more stable havens. Bitcoin hit an all-time high of $ 67,549.74 on November 09, 2021. The swing has been wild, with the range from May 2021 to May 2022 being a steep $ 68,789.63 at the highest to $ 28,893.62 at its lowest. Over the month so far, highs and lows have ranged from $ 43,376.38 to $ 33,714.43. For stakeholders, this is uncomfortably close to its last year’s low of $ 31,594.66 — recorded on June 26, 2021. Take a look