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Why is bitcoin going down again

why is bitcoin going down again

breakdown. Theyre a company that issues USD-backed coins by the billions, but cant bank in the. Instead, they would focus on other projects, until better regulations arrive and reduce the risks for institutional investors. This initiative came from VanEck and SolidX and was filed through the Chigaco Board of Exchange. Tether is now #2 on volume, with a daily volume a ridiculous 1/3 edit: now 1/2 of Bitcoins. That would instantly trigger armageddon. Tethers volume reached.5 billion (a staggering.5x its market cap temporarily positioning itself in 3rd place by trading volume. Week after week, month after month, the bad news was piling up, and the prices kept dropping. SEC is not in a hurry so the final decision could take several months anyway.

Why is Bitcoin price going down again?

why is bitcoin going down again

Global Coin Report Why is Bitcoin Going Down in September? Why is the bitcoin price going down? Bitcoin Price Prediction 2019: Will Bitcoin Crash or Rise?

Only two percent said they own. A weekly close below that level could be followed by a slide back to September 2017 lows near 2,970. Read later - download this post AS PDF. While Bitcoin is only one of the hundreds, possibly thousands, of cryptocurrencies, it is still a representative of the industry. And its right there, in plain sight. Last month was a good month for. Image courtesy. Then, in August of this year, things finally started looking.

why is bitcoin going down again