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Tracking bitcoin's price is obviously easier than trying to figure out its value, which is why so many institutions, experts and traders are skeptical about it and cryptocurrency in general.
Right now, the cryptocurrency market is entering the second wave. And according to adrian przelozny, ceo of independent reserve, that battle may be serving as a catalyst. Here are five reasons why this happened. Things are not good right now and only getting worse each day. Banks and hedgefunds are scrambling. The cryptocurrency's price is notoriously volatile, and substantial and unexpected price swings aren't uncommon. Now let's get into all things crypto market … i'll explain what the cryptocurrency market is, some of its history, and why the market seems to be crashing right now. There is skepticism around bitcoin? Today, certain headwinds are getting priced in to a greater degree. Bitcoin's current price pattern mirrors the crash from 2014 and 2017. Another reason to explain why bitcoin is falling right now is market maturity. It shot up to $20,000 in less than two weeks so this is nothing new. Why is bitcoin price crashing??
As such, you should only be investing a very small.
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