Bitcoinist
2020-06-12 12:00:42

Bitcoin Tanks $1,000: Here Are 4 Pivotal Signs Showing the Uptrend Is Intact

As fast as Bitcoin rallied to $10,000, it crashed. The cryptocurrency dipped approximately $1,000 in the span of eight hours in a process that liquidated approximately $80 million worth of contracts on BitMEX’s XBT market. The drop in BTC came alongside a strong correction in the S&P 500 index, which saw its worst daily performance in months. The index dropped 6% during Thursday’s trading session, with its weakness coinciding with that of Bitcoin and other […]

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