All Upward Movement Lost in a Single Day

in cryptocurrency •  3 months ago

Though not written in a title, I am talking about Bitcoin. If you see the chart below Bitcoin has started the upward movement on 21st of September and after that it was gaining momentum though slowly but in the last 24 hours it has lost more than what it gained in 15 days i.e. all the work done by Bitcoin in 15 days is been lost and it has to start again.

PC :

Why Its happen, because few things that Goldman Sachs has reduced the priority to participate in the Crypto market and it had made investors to take out the money from Bitcoin.

Not only Bitcoin but all the 7 best currencies on CryptoMarketCap has plunged above 10%

PC :

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Hi @codingdefined!

Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
Your UA account score is currently 3.966 which ranks you at #3605 across all Steem accounts.
Your rank has dropped 12 places in the last three days (old rank 3593).

In our last Algorithmic Curation Round, consisting of 450 contributions, your post is ranked at #399.

Evaluation of your UA score:
  • You're on the right track, try to gather more followers.
  • The readers like your work!
  • Your contribution has not gone unnoticed, keep up the good work!

Feel free to join our @steem-ua Discord server