Bitcoin drops under $20,000

[Bradley Prior]

Bitcoin drops under $20,000

Cryptocurrencies extended losses into the weekend after Jerome Powell warned against prematurely loosening policy, with Bitcoin dipping below the bottom end of the narrow range that it has traded in the past two weeks. [Bloomberg]

 

[Dan C]

Bitcoin goes above $25,000 for first time since June

Bitcoin goes above $25,000 for first time since June Bitcoin briefly surpassed $25,000 for the first time since mid-June, as momentum continued from a cooler-than-expected US inflation data and progress toward Ethereum’s big upgrade. The largest cryptocurrency rose as much as 2.2% on Sunday to...

mybroadband.co.za

 

[saor]

BTC has hardly moved since mid June.

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The usual Bloomberg crypto vomit. At this point I think mybb repost it just to troll.

 

[Swa]

BTC has hardly moved since mid June.

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Huh? It was at 25k 2 weeks ago. Any other asset that would be classed as extremely volatile. But yeah, this is crypto. Reporting on its doings is like reporting on what the ants in the garden are doing.

 

[Randux]

Come on 12K come to daddy

 

[BBSA]

Come on 12K come to daddy

Is 12K cheap?

 

[MirageF1]

Is 12K cheap?

Rands, yes.

 

[dualmeister]

 

[Randux]

Is 12K cheap?

It's an important price level technically.

 

[rvZA]

Now that we know crypto is 100% linked to the US markets, be prepared for much bigger losses to come. The US markets in coming years will lose at least 85% of its current value. So, get ready for a possible US$2000 BC price as well.