First Mover: Bitcoin Tumbles, Bithumb Reportedly Raided, Uniswap Challenges Coin

[Galaxy]

Bitcoin slid 4.1% Wednesday to about $11,430, wiping out the prior day’s gains and then some, as the U.S. dollar strengthened against the euro and other major currencies and reports surfaced that a major South Korean crypto exchange had been raided.

The move lower pushed the largest cryptocurrency back toward the middle of its range over the past month, between roughly $10,500 and $12,400. 

Mati Greenspan, founder of the digital-asset and foreign-exchange analysis firm Quantum Economics, put a positive spin on bitcoin’s recent performance in a note to clients on Tuesday.
Info Link: https://www.coindesk.com/first-mover-bitcoin-bithumb-uniswap-coinbase