Bitcoin is the first-ever cryptocurrency of the marketplace and conferring the ground concept of bitcoin; there was an exceeding extent of altcoins in just a nominal time. According to few robust sources, there were more than 9000 cryptocurrencies in the marketplace by the end of March 2021 ahead of the Bitcoin market crash.
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The arrival of altcoins affected the market cap of bitcoin. However, the value of bitcoin continued to rise. Several factors influence Bitcoin, and this is one of the prominent reasons why bitcoin is exceedingly volatile.Continue reading “Understanding the Bitcoin Market Crash of May, 2021!”