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5 17 18 Why Cryptocurrency Is Falling

5 17 18 Why Cryptocurrency Is Falling. Tesla (nasdaq:tsla) ceo elon musk has to take some of the blame for cryptocurrencies falling on thursday. Another reason of price falling is security, privacy issue, as in previous few month billion worth coins are stolen by hackers as well as.

Bitcoin Btc Usd Cryptocurrency Price As Coinbase Coin Ipo Rattles Crypto Bloomberg
Bitcoin Btc Usd Cryptocurrency Price As Coinbase Coin Ipo Rattles Crypto Bloomberg from assets.bwbx.io
Falling this far has logically impacted cryptocurrency stocks, including those companies holding bitcoin, mining bitcoin, and providing mining equipment. Tesla (nasdaq:tsla) ceo elon musk has to take some of the blame for cryptocurrencies falling on thursday. Bitcoin slumped to $30,202 before recovering to $38,038, down 12% on the and china isn't the only country clamping down on cryptocurrencies. Bitcoin is down about 3.4% over the past 24 hours and was trading at $6,613 as of 6:30 am est. Btc, eth, xrp, ltc why are cryptocurrencies falling cryptocurrency has been the hot topic in the financial space for some time now.

Why are cryptocurrency prices falling?

The cryptocurrency market has crashed again, proving the volatile it has fallen 18.91% over the past seven days and has nearly halved in value since it reached $64,000. Consequently, the total market cap of bitcoin now stands at $96b usd. Resources that specialize in dead cryptocurrencies have launched, such as deadcoins and coinopsy, according to which, in 2018, about 1,000 different cryptocurrencies failed. The overall market cap for cryptocurrencies was $427 billion, a decline of 17.5% from their highs last saturday morning. Why cryptocurrencies are falling today? Key reasons for the falling cryptocurrencies:

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