Crypto Massacre: Why Bitcoin, Altcoin Prices Suddenly Declined

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·@ronald0·
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Crypto Massacre: Why Bitcoin, Altcoin Prices Suddenly Declined
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<p><img src="https://cointelegraph.com/images/725_Ly9jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy9kYTk2OTQzODAzOWI3MGE5YWU2YTkwMTFmZTQ2OTdjZC5qcGc=.jpg" width="725" height="483"/></p>
<p>&nbsp;Bitcoin and major altcoins have recently experienced some &nbsp;significant volatility. While some players in the industry believe that &nbsp;the <a href="https://cointelegraph.com/news/this-might-be-the-key-reason-behind-bitcoin-altcoin-price-surge">initial surge in price</a> &nbsp;is as a result of value proposition and reasonable adoption of the &nbsp;entities, others have insisted that the surge is fueled by speculators &nbsp;who only want to recycle the capital to make a profit. The recent <a href="https://cointelegraph.com/news/bitcoin-bubble-was-imminent-bitcoin-price-drop-deepens-but-recovery-nears">decline in the price</a> &nbsp;of the aforementioned entities presents an opportunity for further &nbsp;questions about the robustness of the market value of cryptocurrencies &nbsp;in general. These questions arise due to the early history of Bitcoin &nbsp;price which saw a significant crash after previously appreciating in &nbsp;value. ..... <a href="https://cointelegraph.com/news/crypto-massacre-why-bitcoin-altcoin-prices-suddenly-declined"><em>Continue Reading</em></a></p>
<p><img src="https://cointelegraph.com/storage/uploads/view/309a44807e9289f047c3f7957194ade9.png" width="1212" height="972"/></p>
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