Taking an emphasized look on the 8- hourly price movement of Bitcoin against the US Dollar, we see the coin has experienced a freefall from the trading price of $7,999 to a 10-month low at $5,500 within just no time. The price was growing where we believed that the sky is the limit, unfortunately, now it seems to be on a return journey as the price of Bitcoin falls, and we just can’t predict that how deep it will dig.įor more details about price ups and down, just click on Bitcoin future prediction to know the expected price variation by crypto experts. However, there happens to be a major difference when compared to the $5,500 that was marked then. Bitcoin, along with other major cryptocurrencies ripple (XRP), ethereum, bitcoin cash, stellar, and litecoin, have fallen again over the last 24 hours as investors and traders fret over a flood of. Bitcoin Price AnalysisīTC price hits the 10-month support as it marks the lowest around $5,500.
#Bitcoin crashes as freefall free
Does that mean Bitcoin is not living up to the hype that it is Digital gold? Very Controversial to answer any such question at this point in time. The price of Bitcoin has plummeted below 30,000 as more than half a trillion dollars has been wiped off the cryptocurrency market in just a week. Fed Fears Spark Sudden 100 Billion Crypto Price CrashSending Bitcoin, Ethereum, BNB, Solana, Cardano, XRP, Dogecoin, Polkadot, Tron And Avalanche Into Free Fall.
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