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Bitcoin has lost nearly $200 billion in market cap in just three weeks, as the token slips below $30,000 - Vimarsana News

Bitcoin has lost nearly $200 billion in market cap in just three weeks, as the token slips below $30,000

Bitcoin has lost nearly $200 billion in market cap in just three weeks, as the token slips below $30,000 wdaniel@businessinsider.com (Will Daniel) Bitcoin briefly fell below $30,000 on Wednesday for the first time since January 2. The cryptocurrency has lost nearly $200 billion in market value over the past three weeks. With the US Federal Reserve meeting set for Wednesday afternoon, bitcoin investors are watching carefully. Popular Searches Soon after the fall, bulls pushed the token back over $30,000, but the battle is on at the important resistance level. Bitcoin has shed n...

Source: msn.com
(GBTC) - Bitcoin Trading Volume, Active Addresses Hit Record High Despite Slump — What That Means - Vimarsana News

(GBTC) - Bitcoin Trading Volume, Active Addresses Hit Record High Despite Slump — What That Means

Despite the volatility that has been seen in Bitcoin (BTC) over the last two days — trading seems robust in the apex cryptocurrency.  What Happened: Bitcoin trading volumes on the eight major exchanges tracked on the CoinDesk 20 index have exceeded $11 billion — a new all-time high from the previous record set during the 2017 bull market, CoinDesk reported on Monday. “Some of this volume is definitely from new and unexperienced (sic) investors entering the market for the first time and panicking when the price starts falling,” Bendik Norheim Schei, head of research at Arcane Researc...