29+ Why Is Bitcoin Plummeting Background. In addition to bitcoin, other cryptocurrencies also plummeted. On 23rd april, bitcoin fell to 50,000 usd, reaching a record low in these few months.
Please note that with 100x leverage, 1 btc can open a contract worth 100 btc. The traces of market manipulation. Is it the start of a speculative bubble burst around bitcoin?
A distributed, worldwide, decentralized digital money.
And you find someone willing to sell you bitcoin for about $500. Bitcoin is currently trading in a very strong support zone between $5,600 and $6,200 and is likely to bounce back from here, said joe dipasquale, ceo of cryptocurrency hedge fund manager bitbull capital. Well a whole host of concerns it seems, let's take a closer look. The cryptocurrency was last seen changing.