Bitcoin price may fall to $8,000 soon if this momentum keeps up. Cryptocurrencies have been comatose for several weeks now and movement is imminent.
In today’s article we talk about Bitcoin briefly breaking below 9K and the markets are still comatose. Crypto.com says user growth is coming from products not token speculation and because Bitcoin dropped below 9k for the seventh time, traders are expecting big drops. We also go over the Current top cryptocurrency prices as well as a brief analysis on bitcoin to see if we can see something.
TOP CRYPTOCURRENCY PRICES July 1st 2020
The current prices of Bitcoin is at $9,096.82 down 1.67%
The current prices of Ethereum is at $226.63 down 2.15%
The current prices of EOS is at $2.35 down 1.29%
The current prices of Litecoin is at $41.09 down 1.47%
The current prices of XRP is at $0.174804 down 1.26%
Reference Articles:
Market Wrap: Bitcoin Briefly Breaks Below $9K, but Markets Remain Comatose
https://www.coindesk.com/market-wrap-bitcoin-briefly-breaks-below-9k-but-markets-remain-comatose
First Mover: Crypto.com Says User Growth Coming From Products, Not Token Speculation
https://www.coindesk.com/first-mover-crypto-com-user-growth-products-token-speculation
Traders Brace for Big Drop as Bitcoin Dips Below $9K for Seventh Time
https://cointelegraph.com/news/traders-brace-for-big-drop-as-bitcoin-dips-below-9k-for-seventh-time
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