Today news
About the same in other media
Bitcoin: ‘Buy the dip’ or panic sell? How market reacted to BTC below $40K
Reading now: 306
It would seem that Black Friday has come more than six months early. Yes, there were absolute scenes at crypto-exchanges after Bitcoin dipped below $40k before recovering to cling to a price of $40,059.17, at press time. This was after plummeting by 5.25% in a day, and losing 14.30% of its value in a week.
According to Santiment, it seemed likely that traders were buying the dip or at least thinking of it. The top trending word in the crypto-industry was “buy,” after all. Ergo, that should count for something,
<p lang=«en» dir=«ltr» xml:lang=«en»> Read more on ambcrypto.comAbout this in other media
Would Bitcoin traders see a bull ride in the coming month ambcrypto.com /2 years ago
Bitcoin: Worrying signals across the board as BTC fails to hold on to $40k ambcrypto.com /2 years ago
How BTC, ETH, and USDT whales are reacting to Russia’s invasion of Ukraine ambcrypto.com /2 years ago
Show more
The website fvbb.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.
![Bitcoin [BTC] to $0 or $1,000,000? That is the question for the king coin](https://fvbb.com/storage/thumbs_400/img/2022/5/9/24149_rweez.jpg)
![Terra [LUNA] loses $6 billion in TVL in under two days thanks to this…](https://fvbb.com/storage/thumbs_400/img/2022/5/8/24138_fl1w.jpg)
![Litecoin [LTC]: Post MimbleWimble upgrade, will there be ‘lite’ at the end of the tunnel](https://fvbb.com/storage/thumbs_400/img/2022/5/8/24137_y3o44.jpg)
