Watch as Bitcoin Price drop by $1,000 in split seconds
Freefall
The Crypto Market is volatile, as demonstrated in the instance below.
For some context, what you're seeing is the sped up snapshot trading price of Bitcoin (BTC) on Bitstamp. The price of Bitcoin went from $7,700 to $ 6,250 (an 18% drop) before traders quickly pick up on the firesale and brought the price back up to $6,810. While the drop didn't exactly happen in literal split seconds, such volatility would still be mind-blowing to the traditional trading space.
This is the wild west
The cryptocurrency trading space is highly unregulated when compared to its counterparts, always be on your toes when trading on cryptocurrencies where any losses (whether by malice or sheer dumb luck) is permanent and irreversible.
For coin research and live data monitoring across all the sources in 1 place, always choose CoinGecko.com as your best friend.
Incredible indeed but the amount of whales that are able to move markets are more than traditional markets so really should not be a surprise at this point!
Posted using Partiko iOS
Coingecko show us the price going back up the $1000 too!
Great time to buy more.
Posted using Partiko Android
I personally choose
https://www.coingecko.com/en
Posted using Partiko iOS