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The sell-off was perhaps buoyed.
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| Why are crypto prices selling off | Sign Up for Worth Your Time. The volume of people investing in crypto at any given time is highly variable as well: More than half of traders who held crypto at the end of had only entered the market that year, according to crypto firm Grayscale Investments. Follow nikhileshde on Twitter. Head to consensus. Many exchanges, especially during high times, offer inherently risky propositions, allowing traders to invest with borrowed crypto. The total market capitalization of crypto similarly fell around that time when Elon Musk announced Tesla would no longer accept bitcoin for payments in May , citing environmental reasons. |
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cryptocurrency news august 2018
Bitcoin, ethereum prices dive during crypto sell-off�The truth is that crypto prices have proven to be impacted by the same directional sentiment that impacts retail stock investors,� says Raju. �. When assets rise very quickly in price and surge to a record high, typically this makes a crash much more likely � or at least a correction, which is when the. With its recent price declines, Bitcoin is down nearly 9% in the first month of And its current price around $38, is more than 44%.
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