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Posts published in “market crash”

Analyst: Short-Term Correction Expected if Bitcoin Drops Below $3,600

Following a week of slow but steady gains Bitcoin fell off the digital cliff again yesterday with a flash crash that wiped out all progress made so far this year. Analysts are now looking at a short term correction if BTC can hold on to where it has currently fallen. Further Downside Expected on Consolidation...

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Perfect Storm: Bitcoin Didn’t Exist in the Last Financial Crisis

perfect storm financial crisis bitcoin

Bitcoin has been quietly preparing for over a decade for the next market storm as a non-political alternative to the money printing pyramid. Bitcoin Separates Money and State Bitcoin was forged by the last great financial crisis of 2008 and designed to thrive in financial turmoil. “Bitcoin adoption has always been driven by bank failures, bailouts, bail-ins, and political unrest,” said Max Keiser in an interview with Bitcoinist earlier this month. It’s certainly no coincidence that

The post Perfect Storm: Bitcoin Didn’t Exist in the Last Financial Crisis appeared first on Bitcoinist.com.

Red Friday: $15 Billion Slide Dumps Crypto Markets to New 16 Month Low

FOMO Moments Crypto markets plunging perilously low; Bitcoin Cash and EOS collapsing, Bitcoin SV climbing the chart. The slow selloff that has been happening all week has accelerated today as crypto markets crash to their lowest levels of 2018. Over 12% has been dumped resulting in a $15 billion plunge to below $110 billion market...

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CryptoOracle’s Kerner: Bitcoin Is the “Greatest Store of Value Ever Created”

Lou Kerner, partner at venture capital firm CryptoOracle, admitted that investing in Bitcoin is not for the faint of heart, but that there are rewards for those who maintain a longer investment horizon. With fear taking over many cryptocurrency investors in recent days, Kerner likened the current momentum to the dot-com bubble in the late...

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Market Crash Casualties: FOIN Coin Down 12 Percent

The cryptocurrency market has tumbled throughout the last few days, losing around $70 billion of its entire capitalization. FOIN Coin, a fairly recent project, is among the many casualties, down over 12 percent despite recent CEO shift. FOIN Coin Bleeds as Well Currently trading at $737.85, FOIN Coin is down more than 12 percent in the last 24 hours according to data from CoinMarketCap. While the cryptocurrency is having a good 2018 so far, the

The post Market Crash Casualties: FOIN Coin Down 12 Percent appeared first on Bitcoinist.com.

Bitcoin Sets Yearly Low Below $4,400, Recovers Slightly as Altcoins Continue to Drop

After yesterday’s widespread market carnage, Bitcoin has continued to drop and is showing little sign of a pending recovery. Bitcoin’s latest drop to fresh 2018 lows has dragged altcoins even further down, and market sentiment is sitting at a yearly low as investors lose hope. At the time of writing, Bitcoin (BTC) is trading down...

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Nobody Panic! Bitcoin Plummet Prompts Reassurance From Crypto Pundits

Bitcoin has dropped close to 30% in November and is hinting more losses. But many prominent crypto figures believe the digital currency will recover one way or another. CNBC Crypto Trader Ran Neu-Ner said that the crypto market is at most bearish not in a full-fledged panic mode. He predicted that bottom was near which...

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A Crypto Apocalypse Wipes Out Over $20 Billion in 24 Hours

FOMO Moments Almost $20 billion has been lost in 24 hours; Bitcoin Cash is dying, its Big Brother not far behind. Yesterday’s crypto free-fall has continued unabated sending all cryptocurrencies to their lowest levels for well over a year. Total market capitalization is back to August 2017 levels making the end of year crypto surge...

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A Crypto Apocalypse Wipes Out Over $20 Billion in 24 Hours

FOMO Moments Almost $20 billion has been lost in 24 hours; Bitcoin Cash is dying, its Big Brother not far behind. Yesterday’s crypto free-fall has continued unabated sending all cryptocurrencies to their lowest levels for well over a year. Total market capitalization is back to August 2017 levels making the end of year crypto surge...

The post A Crypto Apocalypse Wipes Out Over $20 Billion in 24 Hours appeared first on NewsBTC.

Cryptocurrencies Plummet, Bitcoin Likely to Fall Further Says Analyst

After a week of poor performance, Bitcoin has continued its descent, and has now crashed below its previous 2018 lows of $5,500, setting fresh lows at $5,100. Bitcoin’s unprecedented drop has led many major altcoins to fall 10% or more, and according to one analyst, more blood is likely to come in the near future....

The post Cryptocurrencies Plummet, Bitcoin Likely to Fall Further Says Analyst appeared first on NewsBTC.

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