Bitcoin Market Down

It’s hard to say what causes cryptocurrencies to go up or down on any given day. In recent months, Bitcoin and other cryptocurrencies have exhibited classic signs of a speculative bubble, with millions of ordinary investors flooding into.

Information. The Composite Price Index. Unlike stocks, bitcoin markets never close. Bitcoin is traded 24 hours a day, 7 days a week, and 365 days a year.

Bitcoin is down 7%, trading around $10,700 Monday morning. The flagship cryptocurrency plummeted last week, before paring some of its losses on Friday.&nb.

The price of bitcoin plunged on Friday, continuing a steady downward spiral that’s lasted all week. True believers are shrugging it off, but with its newfound.

The Bitcoin rollercoaster is going down again – Mashable – Feb 5, 2018. But come Monday and Bitcoin is testing new lows. It is currently trading at $7,762, down 11.3 percent in the last 24 hours. The second largest cryptocurrency by market cap, Ethereum, is down 12.5 percent and is trading at $781, and the third, Ripple, is down 13 percent and is trading at $0.77 per coin.

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Towards the end of last year, it wasn’t unusual for the major players in the cryptocurrency market to rise by double digits on a daily basis. They were reaching.

Jan 16, 2018. China is planning to cut off domestic access to platforms and exchanges that enable people to trade digital currencies, it has been reported. Bitcoin and all other major digital currencies plummeted after it emerged that trading could be banned in South Korea.

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The bear market in bitcoin isn't letting up, as the original cryptoasset has fallen to its lowest level in more than two months. What's more, other digital assets.

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The two largest cryptocurrency heists in the world with losses totalling almost a billion dollars at exchanges in Tokyo, and a cultural tendency towards conservatism, seem to have barely dampened Japan’s enthusiasm for bitcoin and other.

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Here’s How a Bitcoin Crash Could Bring Down the Entire Stock Market

Bitcoin Crashed and Took the Whole Market Down With It – The price of bitcoin plunged on Friday, continuing a steady downward spiral that's lasted all week. True believers are shrugging it off, but with its newfound.

Bitcoin slumped, dragging down smaller rivals such as ether and litecoin, as concerns that regulators will tighten their grip on the market weigh on the world’s largest cryptocurrency. Regulators in China and South Korea are increasing.

Jan 16, 2018. What's more, the simple act of buying and selling cryptocurrencies can drive the price up or down. This has to do with the supply and. A report emerged yesterday from a major news outlet suggesting that China is actively preparing to block access to international bitcoin exchanges. The news comes a few.

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Feb 2, 2018. 2 Feb 2018 15:57. One important point – a 600-point plunge isn't what it used to be, due to the strong market rally over the last 15 month. Paul R. La Monica (@ LaMonicaBuzz). Dow down 640. Only two 700+ point drops ever. Both during '08. But those slides knocked off about 7%-8% from Dow. Today's fall.

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The big players can now manipulate the bitcoin market via the futures market. They can use Fiat money (worthless paper) to push it up or down, much the same way they did and are still doing with the precious metals markets.

South Korea is clamping down on its bitcoin boom. The country’s government said Thursday. Start your day right with the latest news driving global markets, from major stock movers and key economic headlines to important events on.

Bitcoin skids amid broad cryptocurrency sell-off – Reuters – Feb 2, 2018. Bitcoin, the biggest and best-known cryptocurrency, fell as much as 15 percent on Friday to a two-month low of $7,625 on the Luxembourg-based Bitstamp exchange BTC=BSP. It clawed back some losses and was down around 5.6 percent at $8,498 in late New York trading. The virtual currency is down by.

Bitcoin’s market capitalization as a percentage of the total crypto-market hit an all-time low below 36% on Tuesday as smaller so-called alternative cryptocurrencies rallied, according to data provider That’s down from.