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Bitcoinist
2020-02-25 19:00:09

3 Reasons Why Bitcoin is in the Red Today

Bitcoin is trading below USD $10,000 for the fifth consecutive day. Causes for this price correction can be tied to a series of predictable factors, none of which present a long-term threat to the overall crypto market. BITCOIN INVESTORS ARE TAKING PROFITS When commodities experience rapid spikes in value, some investors will always sell to secure their profits. Thus, retracements are a common and expected component of any appreciating asset. The move above $10k represented […]

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