Who has announced plans to purchase and sell some bitcoin from this accident? It is in addition to Square Payments. Companies like this Overstock, who have shut down their luck in some digital currency, are now feeling these terrible drops in case of loss of their own market value. These companies, who had been riding on these waves vocally, with Bitcoin, less than 50 percent of their value was reduced by one month.
Source - https://cointelegraph.com/news/bitcoin-backing-firms-feel-crypto-crash-pinch
This is temporary! Market will revive itself in a few days. Till then operation of these firms will be hindered but not a lot. I am hoping to see all coins regaining their positions in a few weeks.
Ups and Downs will come and go. All this while we HODL! Cheers to all crypto hustlers.
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