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Bitcoin Crashes Back

From forbes.com

Bitcoin was seen trading as low as $9,740 on the Luxembourg-based Bitstamp exchange before staging a slight recovery, moving some 4% lower over the last 24-hour trading period. Bitcoin began the year at around $7,000—half its 2019 high—and has recently swung wildly above and below $10,o00. Other major cryptocurrencies also moved sharply lower, with bitcoin cash and bitcoin SV, both offshoots of the original bitcoin, recording falls of more than 10%. Ethereum, Ripple's XRP and litecoin were down between 5% and 10%. The bitcoin and cryptocurrency bull run over recent months, that's seen some smaller cryptocurrencies ... (full story)

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  • Category: Fundamental Analysis