Today news
About the same in other media
Traders say Bitcoin’s drop to $57K is an ‘attractive entry’ for hodlers
Reading now: 664
Bitcoin price dropped to fresh lows today and the brief visit to the $56,000 level resulted in a sharp sell-off in Ether and altcoins.
Data from Cointelegraph Markets Pro and TradingView shows that support at $60,000 was breached early on in the U.S. trading session and this allowed bears to briefly take control of the market.
Here’s what analysts have to say about today's price action and whether or not traders should be concerned about additional downside.
According to a recent report from cryptocurrency research firm Delphi Digital, “the initial sell-off was largely driven by a wave of liquidations rather than a fundamental shift in narrative,” which suggests that there is a possibility that this pullback will be short-lived and
Read more on cointelegraph.comAbout this in other media
Bitcoin tumbles nearly 8% as new coronavirus variant shakes markets business-standard.com /2 years ago
Explained: Why IMF does not support El Salvador’s use of Bitcoin as legal tender cnbctv18.com /2 years ago
Bitcoin Stuck Below USD 57K, Ethereum Inches Higher, SAND & ZEC Rally cryptonews.com /2 years ago
Show more
The website gocryptonft.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
