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Crypto Prices Drop Suddenly, S Korean Market Takes a Hit

From cryptonews.com

The prices of most major cryptocurrencies have nosedived – hours after Bitcoin rose above the USD 5,400 mark. As April 11 drew to an end in North America – and April 12 got going in East Asia – prices that had earlier been displaying noticeable signs of weakness continued to fall apace. BTC had tumbled below the key USD 5,000 mark at the time of writing. Analysts had previously been enthusing about the market, with one pointing out that BTC and Ethereum trading volumes were reaching levels unseen since the bubble of 2017. However, many believe that selling pressure became too high for many investors when BTC hit the ... (full story)

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  • Category: Fundamental Analysis