Crypto-Follow logo Crypto-Follow logo
Bitcoinist 2019-11-21 11:09:03

Bitcoin Drops Below $8K For First Time This Month, Here’s Why

Bitcoin has declined below the psychological level of $8,000 for the first time since October 25. Interestingly, the trading volume on Bitcoin futures exchange Bakkt is increasing, which suggests that institutional investors are happy to enter the market at lower prices. Bitcoin Continues the Bearish Mood Earlier on Thursday, Bitcoin dropped to $7,982, according to Coinmarketap data. Thus, it broke below the $8,000 for the first time this month. The price then bounced back byRead MoreThe post Bitcoin Drops Below $8K For First Time This Month, Here’s Why appeared first on Bitcoinist.com.

#
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer