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Tag Archives: Drop

Bitcoin Drop Beneficial in Building Market Foundation

According to Erik Voorhees, the CEO of popular cryptocurrency trading platform ShapeShift, the bear market of Bitcoin is crucial for building market foundation and infrastructure. He explained: “Bear markets are for builders. The calm, the quiet, the disillusionment. While the fickle and fair-weather peer around with nervous insecurity, the builders become the market’s foundation, preparing the mortar and stone of ...

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Crypto Prices Drop After Old Bitcoin Wallet Sees New Activity

The crypto prices have dropped once again after a wallet that has been dormant for four years sees new activity. As many are already aware, the recent events in the crypto world have had strong consequences on the prices of digital coins. Not only has the entire year been marked by a constantly bearish market, but even when a bull ...

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What’s Causing ETH to Drop Harder Than Others?

Earlier today, on September 9, the price of ETH, the native cryptocurrency of Ethereum, fell to its yearly low at $185. While ETH has rebounded above the $200 mark after an unforeseen recovery of Bitcoin from $6,190 to $6,450, since July, ETH has seen a steeper decline in value than other major cryptocurrencies. How Much is it Due to ICO ...

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Fundstrat Tech Guru: Bitcoin Bulls Lose Upper Hand After Very Damaging Drop

According to a notable technical analyst, the recent Bitcoin price drop significantly deteriorated the case for a pending market reversal, signaling that bulls must do a significantly greater amount of work in order to reverse the persisting bear market. Rob Sluymer of Fundstrat Global Advisors first claimed that Bitcoin bulls must defend $6,800 and $6,600 a day before the major ...

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Cryptocurrency Market Update: Dogecoin Continues to Defy The Drop

Markets are still very depressed; Dash and Dogecoin defying the drop. There has been no recovery from this week’s big crypto selloff and markets are still down. Very little movement has occurred over the past couple days which leaves markets at just over $200 billion, very close to their yearly lows. Bitcoin found support at $6,400 and moved up slightly ...

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This AI Tracked Unusual Market Behavior Before Today’s Big Crypto Drop

Earlier today, news spread that Goldman Sachs was sidelining plans of opening its cryptocurrency trading desk, a report coinciding with a market that took a sharp downward turn. The other day, market analysts saw someone take a 10,000 BTC short position while overall market sentiment has been positive. Top analysts have been questioning why someone would take a $74,000,000 short ...

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Market Recovers After Drop, WaltonChain Surges 30%

In the past 24 hours, the Bitcoin price has recovered from $6,800 to $7,000, as buy pressure in the higher region of $6,000 prevented a further fall to mid-$6,000. As bitcoin price rebounded and averted a large drop to $6,500, most tokens and small market cap cryptocurrencies recovered, pushing the valuation of the cryptocurrency market to $227 billion. WaltonChain Spikes ...

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Bitcoin Price Shows Stability as Crypto Market Sees Minor $6 Billion Drop

Over the past 24 hours, the crypto market has lost $6 billion from its valuation, experiencing a slight drop after a solid corrective rally by Bitcoin. While Bitcoin recorded a small gain of 0.5 percent, other major cryptocurrencies including Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, and Cardano fell by 1 to 4 percent, affecting the token market. Volatility of ...

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