Cryptocurrency Market Mutes As Focus Turns Back To GameStop, AMC Short Squeeze

benzinga2021-05-28

The cryptocurrency market remained muted late Thursday as the focus returned to so-called meme stocks and associated short squeezes.What Happened: Bitcoin(BTC), the largest cryptocurrency by market ...

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精彩评论

Whyeloon
2021-05-31
Whyeloon
What about SOS ? Hello needed
Seuna
2021-05-31
Seuna
Like n comment please
- xxhuiminxx:
  Wow
Jasonlim
2021-05-31
Jasonlim
Holland Tulips
BeBob
2021-05-30
BeBob
Hi
- BeBob:
  Hi
Dragon77
2021-05-30
Dragon77
AMC flies
- Winner168:
  I want to buy and sell too
AddyYamada
2021-05-30
AddyYamada
Drop drop drop

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The apex coin is down 6.92% in a seven-day trailing period.Ethereum(ETH), the number two coin in terms of market cap, was up 1.42% at $2,713.32 over a 24-hour period. In a seven-day period, ETH has fallen 2.98%.The cryptocurrency market cap as a whole stood at $1.68 trillion at press time. Over a seven-day period, the market cap has declined 5.61% from $1.78 trillion.On Thursday,AMC Entertainment Holding Inc(NASDAQ:AMC) shares spiked 35.58% to $26.52 in the regular session. This is the fourth straight day of AMC shares moving up with the shares locking in 120% gains.The appreciation in AMC is makingshort sellers bleedand has cost them $634 million in losses, as per S3 partners.Other meme stocks that have spiked recently includeBlackberry Ltd(NYSE:BB), which ended the regular session 5.61% higher at $9.97 on Thursday and appreciated another 3.01% to $10.27 in after-hours trading.GameStop Corporation(NYSE:GME) was also in the green on Thursday rising 4.77% to $254.13 in regular trading. 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