Bitcoin price crash REVEALED: Reason behind sudden cryptocurrency plummet

Bitcoin price crash REVEALED: Reason behind sudden cryptocurrency plummet
 

The managing director at eTorro, Russia, said the influx of “mass-market consumers” looking to join the cryptocurrency trend led to the sudden surge in price for bitcoin, which reached highs of around $20,000 in December.
Mr Verbitsky told RT: “Many people behind bitcoin and cryptocurrencies as a whole understand that the skyrocketing prices in the last few months are linked to cash inflow from mass-market consumers. Even pensioners wanted to invest.
“Experienced investors knew that the bitcoin honeymoon couldn’t last forever. Those who catch the last train are usually punished by the... read more

 
20 January 2018 in Business, Views: 46
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