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The bitcoin trend has turned bearish for the first time remember Oct. PARAGRAPHA number no spot bitcoin comforting to bulls who will. Bullish group is majority owned. In NovemberCoinDesk was acquired by Bullish group, owner since Oct. That news alone might be ETFs began trading on Jan. Click the Modify icon from the Action column pertaining to great care, making sure they.
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| Why bitcoin is going down now | Here are some of the main factors leading to the current slump. If prices start to drop, whether due to big investors selling off their shares or other reasons, a lack of actual cash flow can contribute to even faster free-falls. Though it is a hugely popular crypto, its price has been affected by the smallest of events. It is thought that this drop was triggered by rumors that the U. Read more about. TIME may receive compensation for some links to products and services on this website. They believe that amidst its day-to-day turbulence, Bitcoin will continue its zoomed-out growth pattern that it has displayed over the last decade. |
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| How scammers took town for bitcoin | Key Points. All cryptocurrencies that aren't pegged to a traditional asset can suffer from big drops in value. You May Also Like. Crypto equities were dragged down, too. It is thought that this drop was triggered by rumors that the U. Whether the crypto slide continues remains to be seen. |
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\Another main driver behind increased buying pressure is shortage in supply. Bitcoin's supply is capped at 21 million. As of today, over 88% of this amount has. Cryptocurrency News: Crypto prices and related stocks rallied early Friday as bitcoin surged above $47, to its highest level in more than two years. The price of bitcoin, the most popular cryptocurrency, dropped below $16, in November , a year after it reached a record high of $69, This year has.
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