Selling of Bitcoin Persists Before the All-Important Meeting Of FOMC

Many shareholders are now Profit-taking as the value of bitcoin continues to drop for three consecutive days. On Tuesday, the price of Bitcoin dropped by 4.33%, ultimately leading to a daily minimum of $53,221. This decline came because of a correction going on, which started on Saturday after Bitcoin’s record high of $61,778. When the … Read more

Ripple’s XRP and Ethereum Drop Double Digits in Huge Cryptocurrency Sell-off

Bitcoin is struggling but cryptocurrencies known as “alt-coins” were faring much worse on Tuesday. XRP and Ethereum both dropped by more than 12 percent and the entire cryptocurrency market lost $19 billion in 24 hours, according to CoinMarketCap.com. “The crypto market seems to have hit panic mode,” says Matthew Newton, analyst at global investment platform … Read more