Bitcoin crashed more than 10% to $7,000 support level in 2 hours early today. The downside momentum starts ad many traders are waiting for a healthy correction. New York Supreme Court’s order to freeze further transfers to Bitfinex from Tether might be the main reason for the huge price dip this time.
Although bitcoin, as well as the whole crypto market, are returning from a short bull run, US-China trade war may drive BTC price up again soon.
Continue reading Bitcoin Surges to $10,000 – Driven by U.S. – China Trade War
This post is an exerpt of an original post published on Smartereum. All copyrights about images and text belong to their respective owners.Click the above button to read the original post.