Bitcoin price tanks 11% within 24 hours to $8,600 level

Bitcoin price tanks 11% within 24 hours to $8,600 level

From theblockcrypto.com

Bitcoin fell from its $9,900 cliff on Saturday to around $8,600, posting an 11% loss in one day. The plunge brought the digital asset's month-long rally to a halt. In April, the bitcoin price jumped over 38% from around $6,200 to $8,600. The price continued to rise in early May and had been flirting around the $10,000 level since May 7. Although bitcoin briefly traversed $10,000 on May 8, the price soon collapsed and now back to its early late April level. Adding to the market volatility, the bitcoin halving is just two days away. As the block reward decreases from 12.5 BTC per block to 6.25 BTC, many miners may ... (full story)

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Not-KPMG

May 10, 2020 7:30am

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Not-KPMG yawns.

I was in Bitcoin since 2015 and watched the Cyprus crisis 2013.
Bitcoin was 35 dollars then

So 1500 dollars drop is like booooring day

Not-KPMG

May 10, 2020 7:32am

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Ohh look bitcoin baaaad

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Here's the link to our Crypto, Bitcoin thread.

Only smart people can post. Anyone can read

News, charts, opinions ....

https://www.cryptocraft.com/showthre...649&lastpage=1

Check the first post for general info.

While there, please vote on first page.
Thanks

TudorIoan

May 10, 2020 9:48am

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Sure bitcoin grew

...because it was designed to hide illicit earnings

So many millionaires hide money from drugs, guns, human traffickers, terror, ransome, tax evaders..................
Bitcoin is fundamentally trash but is excellent medium for crime

....and crime never die