Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Bitcoin News & Updates => Topic started by: sirty143 on August 23, 2018, 05:16:38 PM
-
Over the past 24 hours, the crypto market has dropped slightly in value, led by the 4 percent decline in the Bitcoin price. Ethereum, Ripple, and Bitcoin Cash fell by 5 percent. The majority of analysts in the space have attributed the recent fall in the Bitcoin price to the rejection of several Bitcoin exchange-traded funds (ETFs) by the US Securities and Exchange Commission (SEC). Almost immediately after the decision of the US SEC was released, the Bitcoin price dropped from $6,400 to $6,250. But, the market rebounded relatively quickly back to $6,450, showing some stability in the lower range of $6,000. See more for yourself, here (https://www.ccn.com/market-overreaction-bitcoin-price-drops-4-as-more-etfs-get-rejected/).