BITCOIN price drop for the altcoins

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Avatar for Ligaya1030
3 years ago



Bitcoin Price : 9956 $-Drop for the altcoins


Bitcoin under 10K

How can we explain that

Bitcoin has made a lightning fall below 10K$ and then gradually rose below the symbolic 10K$ bar.

 

Several hypothesis are already considered as a correlation with the S&P500 or important purchase of mining equipment it was identified thanks to sales from different mining pools which would have made transit for more than 18 million dollars through several Asian exchanges to then purchase new miners.

Currently the situation is not stable and we could have surprises in the next few weeks.

But it didn't all have an impact on the other BitcoinCash crypto-money and Litcoin also saw their prices drop...

Let's not even talk about ETH which in addition to seeing its price drop, transaction costs are still high and the network is saturated...

 

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3 years ago

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