3 Reasons Bitcoin Suddenly Dipped Below $ 10K Today – And Recovered – Cointelegraph
The price of Bitcoin (BTC) fell again to below $ 10,000 on major exchanges on September 5, marking two consecutive days of testing the crucial level. The other major cryptocurrencies, including Ethereum Ethereum (ETH), fell almost 10%.
Bitcoin’s daily chart. Source: TradingView.com
Three factors likely contributed to Bitcoin’s sharp fall: miners, a strong dollar, and profit-taking whales.
Di…
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