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Bitcoin Whales Swoop in As Markets Hit Turbulence

From decrypt.co

It’s been a rollercoaster ride for the crypto markets this week. On Monday we saw prices crash in what turned out to be the biggest daily drop in Bitcoin’s history. Yesterday, the broader market swung the other way, recovering nearly $60 billion in global market cap passing the $1 trillion milestone. Today we’re back where we started on Monday. Global market cap is back in the low $930s, according to data provided by Nomics and Bitcoin’s price is down 5%. It’s a similar story elsewhere.Ethereum is down 8%, Cardano 6%, Litecoin and Bitcoin Cash down 8% and 7% respectively, and Hex, yesterday’s biggest mover, drumped ... (full story)

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  • Category: Fundamental Analysis