Aug 03, · Bitcoin's Sunday morning flash crash was initially attributed by some to so-called "whales" who control large amounts of bitcoin moving the market, however others have now suggested it Author: Billy Bambrough. Nov 26, · The Bitcoin market crashed overnight, with the price of Bitcoin dropping by 11% in the last 24 hours. Over the last few months, the Bitcoin market has been on a major bull run. Bitcoin’s (BTC) price has cratered but that’s nothing compared to the broader market havoc. From the coronavirus scare to an oil price war, a confluence of factors is aligning to make it a very.
Bitcoins market crashWhat Caused the Bitcoin Market Meltdown? - Decrypt
In other words, buyers were getting greedy. This October, OKEx suspended all withdrawals after the exchange founder was taken away by the police.
Today, withdrawals have resumed, following reports that Mingxing Xu was released. Despite the plethora of reasons for the price crash, Bitcoin might just be experiencing a temporary drop off. However, others in the industry think this price crash is only natural. Read on the Decrypt App for the best experience. For the best experience, top crypto news at your fingertips and exclusive features download now. News Coins.
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