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Crypto Market Loses $6 Billion in Big Downtrend, is $3,000 Bitcoin Unavoidable?

From ccn.com

Within a 48-hour span, since December 5, the Bitcoin price has dropped from $3,913 to $3,678, by just about six percent. Other major cryptocurrencies like Ethereum (ETH) and Stellar (XLM) have declined by more than 10 percent in the past two days. The Ethereum price has dropped from $112 to $101 while the Stellar price has declined from $0.15 to $0.13, by over 13 percent. In the past 12 hours, the crypto market as a whole lost about $6 billion of its valuation as tokens lost on average around 10 to 20 percent of their value against the U.S. dollar. Waves, Maker, Aion, Chainlink, and Theta, which performed ... (full story)

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  • Category: Technical Analysis