CRYPTO price continues to fall after flash crash.

in #bitcoin3 years ago

The price of Bitcoin and other cryptocurrencies has continued to fall after a “flash crash” that dropped $100 billion in the market.

Earlier this week, the price showed a stable period of less than 0.5% between Tuesday and Wednesday.

But it ended on Thursday, when the price suddenly fell as a result of new concerns about regulation.

The drop affected not only Bitcoin, but also other major cryptocurrencies, including Ether, Dogecoin, and Cardano (ada), which have recently seen similar stability.

The so-called whale accounts, which are usually a bullish signal, have increased significantly, according to the latest crypto market data from analytics firm Glassnode.

The increase in crypto whales (addresses holding more than 1,000 bitcoins) coincided with a record set in April, when bitcoin hit an all-time high of more than $64,000.

Here you will find all the latest news, updates and expert price predictions.