Newslink: Market Outlook: After Crypto Prices Tumble, Observers Weigh in on What's Next

in #newslink8 months ago

Bitcoin and a large number of cryptocurrencies experienced a sharp crash after touching new price highs this year. On June 26, the price of bitcoin core (BTC) dropped from $13,850 to under $11,900 in less than an hour. BTC values against the USD continued to spiral on Thursday, dropping to $10,350 before recovering slightly. With more than $72 billion shaved off the valuation of the entire cryptoconomy, many traders wonder what the future has in store for digital asset markets.