FeesSafety
Pluang+

Diamond prices plunge 30-40% as lab-grown stones flood market, while Bitcoin value surges.

Market News
21 Sep 2026, 23:06 WIB
Crypto Briefing
View Source
Bearish
Diamond prices plunge 30-40% as lab-grown stones flood market, while Bitcoin value surges.

Natural diamond prices have dropped 30-40% from their 2021 highs due to oversupply, weaker demand, and a surge in cheaper lab-grown diamonds, whose prices have fallen over 75% since 2022. This has pressured mid-tier natural diamonds, leaving only the largest, highest-quality stones holding value. The diamond mining sector, especially in economies like Botswana, faces significant challenges, while Bitcoin's fixed supply and fungibility contrast sharply with diamonds' declining market position. The future depends on whether Chinese lab-grown diamond production continues to expand, further impacting natural diamond prices.

Diamond prices have crashed to their lowest levels this century amid a surge in Bitcoin's value. For readers following cryptocurrency markets, here is Pluang's snapshot as of Sep 22, 2026 03:02 WIB: out of 50 major cryptocurrencies, 45 rose and 4 fell today. Notable movers include EGLD (MultiversX) at Rp73.864 with a 10.22% increase and a typical hold time of 84 days, XLM (Stellar) at Rp3.771 up 8.52%, and ONE (Harmony) at Rp72 also up 8.52%.

More News

Nova Klúbburinn completes share buyback, purchasing 122.7 million shares at ISK 3.26 each

Nova Klúbburinn completes share buyback, purchasing 122.7 million shares at ISK 3.26 each

Nova Klúbburinn hf. has completed a share buyback program, acquiring 122,699,386 shares at an average price of ISK 3.26 per share. The buyback was part of an inverse offer process with valid bids for 159,526,476 shares. The company accepted bids up t...

Market News
Neutral
3 hours ago
Bio-Techne declares $0.08 quarterly dividend, pending Merck acquisition closure by Nov 13, 2026.

Bio-Techne declares $0.08 quarterly dividend, pending Merck acquisition closure by Nov 13, 2026.

Bio-Techne Corporation announced a quarterly dividend of $0.08 per share for the period ending September 30, 2026, payable on November 23, 2026. This dividend will be paid only if the company's acquisition by Merck KGaA has not closed by November 13,...

Company Fundamentals
Neutral
5 hours ago
Bullish launches equity tokenization on Solana, Aptos, and Ethereum, transferring 61M shares in seconds.

Bullish launches equity tokenization on Solana, Aptos, and Ethereum, transferring 61M shares in seconds.

Bullish has named Solana, Aptos, and Ethereum as initial partners for its equity tokenization services, allowing issuers to choose networks for tokenized shares. Recently, Bullish and Equiniti demonstrated the transfer of 61 million tokenized reserve...

Market News
Bullish
5 hours ago
Dividend growth stocks V, APH, and HIG show strong hikes and safety; energy stocks XOM and MPLX offer high yields but some risks.

Dividend growth stocks V, APH, and HIG show strong hikes and safety; energy stocks XOM and MPLX offer high yields but some risks.

FerdiS monitors dividend changes across 1,200+ stocks, highlighting strong dividend increases from Visa (V), Ameriprise Financial (APH), and Hartford Financial (HIG) due to their robust growth and safety metrics. Energy companies ExxonMobil (XOM) and...

Bullish
5 hours ago
Polygon Chain processed more transactions than the global population, highlighting massive network activity.

Polygon Chain processed more transactions than the global population, highlighting massive network activity.

Polygon Chain, a layer-2 network built to enhance Ethereum's speed and reduce costs, reportedly processed more transactions than the global population, according to crypto commentator @0xPolygon. While the exact transaction count and timeframe were n...

Protocol Fundamentals
Bullish
5 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App