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3 weeks ago

Red signals as Bitcoin price drops $600 in 30 mins.

Bitcoin’s price went back by more than $600 in 30 minutes, falling below $10,000  today being Wednesday.
BTC witnessed a large pullback from $10,200 to $9,600, starting at 17:50 UTC and lasting until 18:20 UTC, also followed by a small bounce near $9,740, providing temporary support.
Bitcoin opened the day at just under $10,200. During the trading day, BTC broke above $10,250 severally. The action resulted with a 30-minute sell-off.
BTC is currently changing hands at $9,700 at the moment. 

Along side with Bitcoin, other big and popular names such as ether (ETH), litecoin (LTC), XRP (XRP) and EOS (EOS) also began to fall in value almost at the same time as BTC, losing between 5-10 percent 

Actually, most of the cryptocurrencies on CoinMarketCap’s list of top 100 are facing same backward slid.


Credits: William Foxley

Florence Anusionwu

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