Newsflash: Bitcoin Price Plunges Below $6,700, Crypto Market Dips Below $300 Billion

in #newslink6 years ago

Newsflash: Bitcoin Price Plunges Below $6,700, Crypto Market Dips Below $300 Billion

"The bitcoin price plunged below $6,700 on Sunday as the market endured a double-digit percentage sell-off. The cryptocurrency markets had traded down for the majority of the weekend, and on Sunday morning the bitcoin price began to tumble toward the $7,00..."

Read more: www.ccn.com

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The cryptocurrency market is diving deeper into the red. At press time, the total market cap of cryptocurrencies stands at $325 billion, down 6% over the past 4 hours.

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Bitcoin – The Bears are Back in Town

The Bitcoin Bears are back and Bitcoin’s slide through the morning was a spectacular one, with more on the horizon when considering investor sensitivity to regulatory chatter.

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The EOS community had voted to proceed to a mainnet launch, according to the EOS Mainnet Launch Group (EMLG), a coalition of block producer candidates. The decision means that the EOS network should be up and running within 24 hours, but also leaves open ...

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Coins mentioned in post:

CoinPrice (USD)📉 24h📉 7d
BTCBitcoin6709.070$-11.4%-13.02%
EOSEOS10.786$-24.13%-26.05%
ETHEthereum515.027$-13.88%-16.68%
LTCLitecoin105.462$-10.96%-15.81%
XRPRipple0.571$-13.81%-15.68%

Let see if the $6000-$6850 level can hold off the sellers.

Sellers have been pushing this down for weeks now. Chance bitcoin has bottomed is about 0%. We are going lower. Give me the panic and i flip BULLISH!

https://steemit.com/cryptocurrency/@heyimsnuffles/crypto-carnage-is-imminent-20180610t190128430z-post

Woah! I predicted a break out, but I didn't expect such a plunge! Something tells me there's going to be a sustained bullish run very soon... Even sooner that the end-of-year spike everyone's expecting.

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