Bitcoin recovers after plunge that shaved $1 trillion off crypto market: CNBC After Hours

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  • CNBC Television published this video item, entitled “Bitcoin recovers after plunge that shaved $1 trillion off crypto market: CNBC After Hours” – below is their description.

    CNBC.com’s Jordan Smith brings you the day’s top business news headlines. On today’s show, Kate Rooney breaks down new data showing that bigger investors, or “whales” were the ones buying bitcoin at the lows of yesterday’s selloff. Plus, Michael Wayland explains how Ford’s new all-electric F-150 Lightning plans to compete with General Motors and Tesla.

    00:00 — CNBC After Hours: May 20, 2021

    0:27 — Stocks break three-day losing streak

    1:06 — Crypto whales bought at yesterday’s lows

    3:20 — CNBC Soundcheck

    4:56 — Ford electrifies the F-150

    8:10 — Numbers Round

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    In This Story: Bitcoin

    Bitcoin is a cryptocurrency invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto and started in 2009 when its implementation was released as open-source software.

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  • In This Story: Lightning

    Lightning is a giant spark of electricity in the atmosphere between clouds, the air, or the ground. Lightning can occur between opposite charges within the thunderstorm cloud (intra-cloud lightning) or between opposite charges in the cloud and on the ground (cloud-to-ground lightning). (Source: NSSL)

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