Bitcoin Crashes Below $10,000

in #crypto6 years ago


Image Source: Google

Crypto currencies are all having a nightmare recording to a double digit drop.

Bitcoin which was reaching a height of $20,000 last year in December have now fell to a low of $9,450 mark.

There are several factors causing this unexpected crash. From South Korea to imposing regulations for operating cryptocurrency, to forthcoming regulations in Germany and Russia and forcing out miners in China.

If we see this continue in decline we might see Bitcoin falling to a mere $8,000 mark.

The dire rise and fall bitcoin prices is become very common with more and more venture investors joining the crypto currency world thanks to their pump and dump plan.

Both Coinbase and Bittrex are at the moment willing to halt trading in such a slump. However such a decision has not been made as yet.

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GOOD JOB
THANK YOU

Everything OK . Just they want play a game :) just need a month for good investment. BTC will be 15k dollars again.

should be promptly tackled to prevent a prolonged plunge of drastic decline. @danzy

I think Bitcoin will fall till 7k or even 6k (because normal people are panicking) and shoot up from there. I think it will be over 20k after few months.

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