Bitcoin’s Overnight Crash Doesn’t Stop Experts From Remaining Macro Bullish – Cointelegraph


Bitcoin’s Overnight Crash Doesn’t Stop Experts From Remaining Macro Bullish  CointelegraphThe crypto market dropped off $19 billion as the price of bitcoin briefly dropped to $8,000. On May 30, overnight, the valuation of the crypto market dropped by $19 billion as the price of bitcoin (BTC) briefly dropped from $9,000 to $8,000 — a staggering 11% within a few hours on exchanges like Bitstamp. The drop of bitcoin to $8,000 was not visible on charts of market data providers like CoinMarketCap because the movement occurred in a short time frame. Bitcoin’s price immediately recovered to $8,300 following its abrupt decline, relieving some of the pressure from the rest of the crypto …

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