Bitcoin Tanks Below $5,000 amidst Global Markets’ Shakedown | Crypto Craft

  • Bitcoin Tanks Below $5,000 amidst Global Markets’ Shakedown

    From fxdailyreport.com

    Bitcoin gave up its overnight gains to follow the global markets on their downside spree this Monday. The benchmark cryptocurrency tanked to establish a fresh intraday low at $4,773 on US-based Coinbase exchange. The downside move appeared after bitcoin registered an overnight price rally towards $6,000, prompting traders to take short-term profits in what appears to be a prevailingly aggressive, bearish market. Bitcoin’s gains last night came in response to the Federal Reserve’s fresh stimulus package. The US central bank announced Sunday evening that it is cutting the benchmark interest rates to near-zero in ... (full story)

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TudorIoan
Mar 16, 2020 6:33am
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Oh, but Bitcoin was built for this moment !!
It was supposed to resist the Global Markets’ Shakedown !!
Sooooooooo, ...bitcoin failed miserabily !!
Market has spoken, bitcoin is worthless from investing perspective ! ..
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TudorIoan
Mar 16, 2020 8:08am
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Hey, crypto holders ! Doncha feel robbed somehow ?
Yeah, robbed by the crypto whales, "professional investors" who ran for cover at the first shakedown rather than hold the crypto torch
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Not-KPMG
Mar 16, 2020 5:35pm
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Right
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Not-KPMG
Mar 16, 2020 5:35pm
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And my personal meme
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TudorIoan
Mar 17, 2020 5:03am
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There's your MEME !
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