Amongst all the asset classes, bitcoin is the only asset that has the most volatile trading history. Everyone bitcoin sets new all-time high records and top the news headlines. This is quite shocking to see how news about bitcoin can adversely affect its price leading to a Bitcoin price drop.
Any current event or news are the major factors that affect bitcoin’s price. In the entire history of bitcoin, there have been many times when news headlines about accepting bitcoin by multinational companies and hacks of exchanges hit its investors hard. Bitcoin news has the power to either make its reputation or break it in seconds.
To know more about bitcoin market, you must read why bitcoin prices go up and down.Continue reading “A Bitcoin Price Drop! Why?”