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Why is crypto down today? Indeed, china has recently announced its intention to do just that. The entire cryptocurrency market fell more than 12%, and the market capitalization fell below the usd 2 trillion marks. Read on to know why is the crypto market going down. Learn what influences the price of btc and other coins before you invest in crypto.
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Bitcoin fell early on friday, after turkey's central bank decided to ban the use of cryptocurrencies for payments from the end of the month. Afp it marks a disastrous week overall for the cryptocurrency market, after news broke that bitcoin's value nearly halved in value. Bitcoin and other major cryptocurrencies are down in value credit: Indeed, china has recently announced its intention to do just that. Here's why each stock is down today and what investors should expect. Elon musk is a 'tourist' in crypto who just wants to 'collect followers,' celsius network ceo says we're going to get to where we're going with elon or without elon, mashinsky said at the. After a possible 10x surge by bitcoin at the end of the year, it is likely to come crashing back down to earth, if it adheres to moves in its past two other bull phases. It was over elon musk tweet that claims that bitcoin is not fully decentralized, which controlled by miner only and also that it consumes more fossil fuel for mining. Why crypto market is down or crashing: Why crypto is going down. As a result, the whole crypto market tumbled downward. The drop in crypto value is a direct loss to the company. Appearing in an interview on the fox business network, former us president donald trump said that bitcoin seems like a scam.
What happened in the crypto market? This year alone bitcoin has gone up some 190%. Crypto is down today and investorplace is looking into why the digital assets are taking a beating. Bitcoin trade was down by 21% pricing at approximately $37,213. Why is crypto down today?
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