As the Cryptocurrency Market has crashed down off its all-time high of $800 billion in early January, banks are now concerned that people will rack up large credit card bills buying Bitcoin, that they might not be able to pay back. Banks including Bank of America, JP Morgan to name a few. This is just one of several factors effecting the current market conditions.
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It has not been another good day but it could be a great day for new investors to finally see the value. I would Imagine the whales are pumping price down so they can become mega whales next hike in the market.
The stock market has been also affected by this global correction. I am hoping after the #lunaryear ends we will see massive amounts reinvested back into #crypto. I believe BTC will be back in a month or so.
Also with this correction we will see the #weakhands aka weak minded people remove themselves from the market. We do not need that negativity anymore. Life is about the journey, not the destination
Thanks Jeff and all the team at @altcoinbuzz
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It's a crypto supper sale
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