Bitcoin Tumbles as Cryptocurrencies Join Global Asset Selloff

in #news6 years ago

Bitcoin Tumbles as Cryptocurrencies Join Global Asset Selloff

"There were no good spots for investors to hide in Thursday’s global market rout, as Bitcoin and other cryptocurrencies joined the selloff."

Read more: www.bloomberg.com

More news sources

The Daily: Whales Join China’s Richest Ranks, Seniors Take a Swing at Bitcoin

In today’s edition of The Daily, we look at the cryptocurrency entrepreneurs who now rank among the richest people in China, the limited return to operations of 1Broker, and a rather amusing attempt to explain Bitcoin to older folks by the AARP. Also Re...

Read more: news.bitcoin.com

Europe, Japan and the ‘Drug’ of Quantitative Easing

Last month, news.Bitcoin.com examined the problem of quantitative easing (QE) and its impact on the U.S., and how such policies have spread to the rest of the world. This month, we continue to drill down on the phenomenon of governments printing trillion...

Read more: news.bitcoin.com

ETH, BCH, and XRP Plunge 13% as Bitcoin Dips to $6,250: Factors and Trends

Ethereum (ETH), Ripple (XRP), and Bitcoin Cash (BCH) have declined by 12 to 13 percent over the past 24 hours, as Bitcoin recorded a sudden dip in price from $6,600 to $6,250. Subsequent to demonstrating a rapid sell-off, the Bitcoin price recorded a 4 pe...

Read more: www.ccn.com

Traders Expected Bitcoin to Rise as Stock Market Fell, What Went Wrong?

The sudden plunge in the price of Bitcoin has demonstrated that while it lacks correlation with the broader financial market, it is not inversely correlated with the global market. Bitcoin and major cryptocurrencies are considered as a robust store of val...

Read more: www.ccn.com

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in my point of view, crypto currency is still the future , no denial on that aspect

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