Why the Bitcoin Price Decrease Occurred: Looking Past the Coronavirus

Why the Bitcoin Price Decrease Occurred: Looking Past the Coronavirus
фото показано с : beincrypto.com

2020-3-3 17:00

On February 24-26, the Bitcoin price plummeted, decreasing by 13 percent. While this could have been caused by a coronavirus panic since the entire global economy has slowed down considerably, there is another possibility: the price is simply following a fractal from its earlier movement.

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Bitcoin (BTC) на Currencies.ru

$ 66760.03 (-0.19%)
Объем 24H $23.035b
Изменеия 24h: -0.61 %, 7d: 6.33 %
Cегодня L: $66031.14 - H: $67143.86
Капитализация $1315.227b Rank 1
Цена в час новости $ 8755.86 (662.46%)

price coronavirus bitcoin considerably down economy entire

price coronavirus → Результатов: 45


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Coronavirus concerns did not cause the Bitcoin price to spike 15%, but here’s what actually did

The Bitcoin price has climbed by 15 percent in the past two weeks from $8,565 to $9,800. While many attribute the upsurge to the coronavirus outbreak, that argument is far-fetched. Bitcoin was on an upward trend regardless Throughout the past 12 months, the Bitcoin price has not demonstrated a clear inverse correlation with the equities […] The post Coronavirus concerns did not cause the Bitcoin price to spike 15%, but here’s what actually did appeared first on CryptoSlate.

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