Ethereum 

Bitcoin Tanks to $6K Mark on Economic Damage from the Coronavirus

While the stock markets across the world are recording historic declines, the situation is not much different in the crypto world, which would explain why Bitcoin has been dropping as of late. On Thursday, the world’s biggest cryptocurrency by market cap plunged at an alarming rate. Panic Selling The coronavirus pandemic has had a volatile effect on the world economy, and markets across the globe experienced mass selloffs as fears about the damage finally took hold. BTC slumped by 25% on Thursday morning as investors continued to dump it. Although…

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Blockchain 

Bitcoin Tanks From Highs, But Still Up Significantly YTD

Over the course of the first six months of the year, Bitcoin managed to go on a remarkable rally that raised the possibility of the world’s biggest cryptocurrency to reach the levels it had reached back in 2017. At the time, the price of one Bitcoin token had almost touched $20,000. However, the momentum soon went out of the coin, and it started dropping in July. In recent days, Bitcoin experienced rapid slumps, and for the first time in four months, it lost as much as $2,000. Although it did…

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