Here’s Why Bitcoin Price Plummeted 8% Overnight

By CCN Markets: Overnight, the bitcoin price has dropped from $10,959 to $10,068 against the U.S. dollar, recording an 8.13 percent slip within a 24-hour span. The short term downside price movement of bitcoin is speculated to be largely technical caused by the struggle of the dominant cryptocurrency to surpass a strong resistance level at […]

The post Here’s Why Bitcoin Price Plummeted 8% Overnight appeared first on CCN Markets

Source: https://www.ccn.com/bitcoin-price-8-overnight-factors/

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