Bitcoinist
2020-05-12 05:21:03

Bitcoin Plunges as Halving FOMO Comes to End; What’s Next for Crypto?

The bitcoin price fell by up to 19.33 percent days after it established a halving-led high above $10,000. On the day of the third supply rate cut, traders maintained their selling bias, leading price down to $8,185. With halving narrative behind, bitcoin lands in an unpredictable trading zone, with a market bias towards bears. Bitcoin’s upside rally ran out of fuel days before its most anticipated technical upgrade that halved its daily supply rate. The […]

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