Crypto Market Crash!

Crypto Market Crash!

By trebol11 | faucets and cryptos | 10 May 2020


The bitcoin's price  is falling around a 12% after hitting the $10.000 USD barrier. This event brings much uncertainty to the market, three days after the "Halving", and shows that the confidence in BTC is maybe wavering a little bit. Many expect bitcoin volatility and trading volumes to spike this week.

A “snowball effect” had hit also all the altcoins, we can see a drawdown of 8/15 percent on almost any other currency, this include the Bitcoin Cash, who is falling around a 12%, and others like the Ethereum and the Litecoin. From the mains Atlcoins, the one with the lowest loss was the Tezos, who is falling around a 7%. Is expect it that the prices of all the cryptocurrencies will continue to drop in the coming days.

This is the information that there is so far, in the next few days I will update the situation.

   


trebol11
trebol11

I've been using cryptology since 2018, and I decided to share what I learned with everyone. Oh, and I also study international relations, so I write about that, too.


faucets and cryptos
faucets and cryptos

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