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Breaking NewsFOCUS: Japan may be buffeted by China in digital field amid economic slump        BVCI Launched the first commercial bank backed Canadian Digital Currency – CADT, with Support …        Australian Bitcoin Trader Takes Banks to Tribunal After Sudden Account Closures        Central banks should stay clear of cryptocurrencies        A record $3.7 billion in Bitcoin options are set to expire on January 29 as interest in …        Crypto Chi: The future (and energy) of money and technology        Former Canadian Prime Minister Lists Bitcoin as Possible Future Reserve Currency        Crypto Is Everywhere, But Should You Invest?        Yet another exchange is abandoning this massive cryptocurrency        Crypto Prices Consolidate, Handful of Altcoin Markets Pop, Bitcoin Accumulation Addresses Rise        PayPal Will Ride the Crypto Wave to Higher Gains        Pumping the Brakes: FinCEN Reopens Comment Period for Controversial Crypto Reporting …        CoinShares is Starting an Exchange-Traded Bitcoin Product        Nvidia could make crypto mining GPUs again if there’s demand, says CFO        Ethereum-based Options Platform Charm Goes Live on Mainnet        Joe Biden Confirms Gary Gensler as US SEC Chair        Bitcoin Price Breaks Upward: Up $1,000 in One Hour        UK fund manager Ruffer: we are in the “foothills” of institutional adoption of bitcoin        Crypto Exchange Livecoin Closes After Alleged Hack        Russian crypto exchange Livecoin is shutting down after a claimed attack that caused $3.3 million loss to users        This Man Has Two Last Chances to Claim $255 Million in Bitcoin Before it is Gone Forever – Running with Miles        Bitcoin OTC Trade in Hong Kong Goes Wrong: $500,000 Stolen        Stolen Credit Card Site Closes After Making $1 Billion in Bitcoin        Demand May Raise Bitcoin’s Price, Says Ex-US Treasury Secretary        Kim Dotcom Claims This Fork Is More Undervalued Than Bitcoin, Here’s Why        REN Price Prediction        Cointelegraph Consulting: Institutions keep the Bitcoin bull market on track        IMF Survey Takers Say CBDCs Are Not Money        Revealed: The winners (and literal losers) from the bitcoin boom        Offline Travel App Maps.Me Raises $50M in Funding Round Led by Alameda Research        Ethereum – Ethereum – Ethereum – Ethereum – Monumental Ethereum Investor Is Giving Away …        Cardano Price Prediction: With $0.4 in View, What Next For ADA?        PRESS RELEASE: Rhotex Inc. Imposes a New Eco-Friendly Concept to Cryptocurrency Mining        



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Posted on by BitcoinInfo.com

What Caused the Bitcoin Market Meltdown?

What Caused the Bitcoin Market Meltdown? – Decrypt

Bitcoin was close to an all-time high, but its price crashed overnight. Image: Shutterstock In brief Bitcoin was set to break its all-time high yesterday, but instead, the price crashed overnight. Industry pundits gave several reasons for this, including Bitcoin being overbought in recent months.








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