What's going on? Bitcoin falls and now is in USD $ 9380

What's going on? Bitcoin falls and now is in USD $ 9380

By derwin25 | Worldinfo | 17 Jul 2019


Bitcoin does not seem to get off to a good start this week. Its price fell by around USD $ 9,380, but hours before it reached USD $ 10,000 in CoinMarketCap, which reflected in some exchanges prices below that important line.

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There is no need to be alarmed, something similar happened last month: Prices exceeded USD $ 13,600 on June 26, then fell below 10,000 on July 2 and again the market rose and had prices over USD $ 12,900 on the 10th. of July. Now again low waiting for what will happen the rest of this week.

In the last 24 hours, the main cryptocurrency has fallen from 13% to 14%, which has sharply affected the market. Many We could think that this low was due to the statements of Trump against the cryptocurrencies, which had a reaction of the market not very favorable for all of them.

Or it could also be related to the audience of the representatives of Facebook with the US congress where they talked about the Libra cryptocurrency. The speculation is that if the social network came out of the meeting well the good prices will be seen throughout the crypto market or the opposite could happen, a lousy meeting would be equivalent to a worse fall.

As for the altcoins are in a similar situation, and in some cases worse, Bitcoin. Ethereum, XRP, Litecoin, Bitcoin Cash, EOS, Stellar, Bitcoin, Tron and Cardano have experienced a sharp drop from 6% to 20% in their prices that had been maintained for several weeks, just to mention some of the main ones.

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