Bitcoin Plunges to Fresh Low: Altcoins Stay Strong

Bitcoin has been very low for the past week and is about 23% lower than it was before. Bitcoin’s price drop has made the market go down, but some people see it as a chance to buy more. It may still be a bull run though, even if Bitcoin is low for now. Today, we picked the top altcoins to watch for this week. You can find out why we picked these coins in more detail if you look at the...

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What Exactly Happened to Bitcoin and What It Means for the Future?

On May 17, the prices of crypto currencies dropped because Tesla’s CEO said something. This means that the main digital coin will change too, and whether or not Tesla can sell its currency in the near future. On May 17, the price of bitcoins on the cryptocurrency exchange Binance fell to its lowest since early February – up to $ 42.1 thousand. At 13:20, the value of the main...

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Crypto-Exchanges Forcibly Closed Positions of 304,000 Users

Over the past 24 hours crypto-exchanges forcibly closed positions of 304 thousand users. One of them lost $90 million. Crypto traders lost $2.4 billion in 24 hours as bitcoin fell to its February low of $42,100. According to bybt service, 304 thousand users of trading platforms were forced to close their positions over the past 24 hours. One trader lost $90 million on a trade in bitcoin. Bitcoin...

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Bitcoin’s Crumbling Price Loses Dominance

The price of Bitcoin continues to fall. It has not reached $50,000. Other coins have had a lot of gains in the past 24 hours. As a result, Bitcoin’s control is now at its lowest level since June 2018. 35-Month Low for BTC Dominance Ever since Elon Musk announced that Tesla will not accept bitcoin, the price of bitcoin has been going down. There is a lot of volatility in Bitcoin. Prices go...

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Crypto market crashes after Tesla CEO Elon Musk suspends Bitcoin payments

The Crypto Fear & Greed Index has only shown “extreme fear” for the first time in over a year after it dropped to 20 on May 16. This comes after Elon Musk, the CEO of Tesla, caused a market crash this week. He said that Tesla would stop accepting Bitcoin payments because of climate change concerns. Bitcoin is still trying to be worth more than $50,000 after it was worth less than...

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Crypto Bull Market is Intact: Bitcoin Price to Surge Again?

There is a new type of analyst who thinks that the Bitcoin bull market is not over even though it crashed to $46,000. He looks at on-chain activity and found out that there are still good things happening. He points to what happens on crypto exchanges. This means that some people with a lot of money bought BTC when it was low. They did this because they were afraid. “Speaking of exchange...

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Bitcoin Drops to $45,700: The Bears Are Back

Bitcoin is down by 17% since Sunday. It is hard to get back up when it falls below $50,000. People are a little sad about this because Bitcoin was going up for awhile and now it’s going down again, but not all the way. The news about BTC made the price go down. The price stayed at $45,700 on Bitstamp according to the news. The bulls tried to come back up and break above $50,000 but they...

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Bitcoin Continues to Fall, Will It Recover?

This week, the price of the main cryptocurrency fell to an 11-week low of $46,000. Will the fall continue in the next few days or will the cryptocurrency market begin to recover from the collapse? Over the past seven days, bitcoin has fallen in price by 10% and is trading at $50,900 at 20:00 MSK, according to CoinGecko. This week, the value of the main cryptocurrency fell to an 11-week low of...

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No good times, no bad: Bitcoin’s value should remain steady

The article says that Bitcoin is a store of value. That means it will be worth something, no matter what happens to the economy. But people are selling Bitcoin too because they are worried about inflation. In theory, this should not have happened. Bitcoin is a currency that has a finite supply and unlike central banks, who keep printing more money indefinitely, only 21 million Bitcoins will ever...

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Governments Recognizing Crypto: What It Means for You

Governments for a long time have not liked crypto. They said that it was too difficult to use. But now, they want people to know about crypto and how they can use it and make money with it. There are some currencies that are not controlled by a government. They are hard to use, and they can go down in value. But there is one type of currency that is decentralized (not controlled by a...

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