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Bitcoin tumbles as analysts fear ‘a massive capitulation is coming’
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Bitcoin and other cryptocurrencies were under pressure on 5 September. While stock and bond markets were closed for the Labour Day holiday in the US, the 24/7 nature of crypto means no respite from volatility for investors.
The price of bitcoin fell less than 1% over the past 24 hours to $19,700, having climbed above $20,300 on 2 September before falling back, in line with a tumble in the stock market. Trading below the key $20,000 level, the largest digital asset is now outside of the $20,000 to $25,000 range in which it...
Read more on fnlondon.comAbout this in other media
Bitcoin price hits 10-week low amid 'painful' US dollar rally warning cointelegraph.com /1 year ago
Short Positions on Bitcoin Are at Record Going by Fund Inflows, CoinShares Reports cryptonews.com /1 year ago
FBI seeks Bitcoin wallet information of ransomware attackers cointelegraph.com /1 year ago
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