3 Things Not to Do When Bitcoin is Going Down - By Reza Jafery

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Bitcoin Falls to 2-Month Low Below $8K Amid Global Market Rout

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Bitcoin fell today

Postby Tutaur В» 19.01.2019

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Shares worldwide have faced their worst day since the financial crash, some for the second time in a weeks. Their prices have plunged because of the sell-off of stocks but also because of a row between Russia and Saudi Arabia, which sent the price of oil plummeting.

The reason behind Bitcoin's price drop has been linked to the difficulties the world's stock markets are facing. Oil prices crashed by 30 percent after Opec members, led by Saudi Arabia and Russia, couldn't reach an agreement on production costs. A price war started when Saudi Arabia refused to drop the costs despite lower demand for oil as a result of the coronavirus epidemic.

Coronavirus fears saw British stocks suffer their biggest intraday fall since and benchmark bond yields turn negative for the first time on Monday but the government said it was not yet time to close mass events and insisted food supplies would continue. The FTSE plunged to a three-year low after Saudi Arabia crashed the oil prices by slashing its own selling prices and raising output.

Ayush Ansal, chief investment officer at Crimson Black Capital, told the Mirror: "The markets have passed from panic mode into pure hysteria.

Why is Bitcoin falling today? Bitcoin, the biggest cryptocurrency by value, fell more than 10 percent in 24 hours. Cryptocurrencies ethereum, XRP and bitcoin cash, saw double-digit percentage point losses. Bitcoin price today: Why is Bitcoin falling today? Price crash amid coronavirus fears Image: Getty. Bitcoin price today: The markets have struggled for days Image: Getty. Trading on the top three US indexes was stopped for 15 minutes on Monday.

When trading resumed 15 minutes later, shares continued to fall, before appearing to stabilise. This is the first time a stop has been triggered under the current rules introduced in Among the biggest losses were oil firms Chevron and Exxon Mobil, which fell more than 7 percent.

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Postby Arashikinos В» 19.01.2019

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Re: bitcoin fell today

Postby Tojashakar В» 19.01.2019

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Re: bitcoin fell today

Postby Arashikinos В» 19.01.2019

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Re: bitcoin fell today

Postby Kajitaur В» 19.01.2019

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Postby Barisar В» 19.01.2019

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Postby Mikazahn В» 19.01.2019

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Postby Samuktilar В» 19.01.2019

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Postby Kigaktilar В» 19.01.2019

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Postby Meztirn В» 19.01.2019

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Postby Grobar В» 19.01.2019

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Postby Karg В» 19.01.2019

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