Bitcoin Drops Below $10K as Crypto Markets Dip

in cryptocurrency •  7 years ago 

All of the top 100 cryptocurrencies by market capitalization - bar nano, dentacoin and tether - are in the red today, according to CoinMarketCap data report...!

images (3).jpeg

According to cryptocurrency markets "Bitcoin (BTC) has dropped over 8 percent in the last 24 hours, as was indicated by the bearish reversal pattern on the daily charts and head-and-shoulders breakdown on the hourly chart".

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

And the reason for that is „nobody knows „

Basically it is because supply push effect, Too much supply cause low prices