Connect with us

Business

3 Reasons Bitcoin Crashed by $3,000 – And Why It’s Still Bullish – CoinDesk – CoinDesk

Bitcoin suffered a price crash earlier on Thursday, having missed record highs by a narrow margin earlier this week. Here’s 3 reasons why.

Published

on

post featured image
ADVERTISEMENT

Bitcoin suffered a price crash earlier on Thursday, having missed record highs by a narrow margin earlier this week.
The top cryptocurrency by market value fell from over $19,300 to $16,327 during the early European trading hours and was last seen trading near $17,200, representing a 10% drop on a 24-hour basis, according to CoinDesk 20 data.
The sudden fall caught many traders off-guard, given the cryptocurrency was trading just 2% short of its record high of $19,783 on Wednesday.
So, whats behind…

Click here to view the original article.

Continue Reading
Advertisement

You might also like ...

post featured image
3 Top E-Commerce Stocks for 2021 – The Motley Fool
post featured image
Parler CEO: ‘No indication’ Big Tech shutdown threats were ‘deadly serious’ until last minute – Fox News
post featured image
Jamie Lynn Spears Implicates Elon Musk in the Death of Her Cats – Vulture