fbpx

Bitcoin Suddenly Drops by $500 After Passing $12K [Updated]

bit2Big > Bitcoin News > Bitcoin Suddenly Drops by $500 After Passing $12K [Updated]

Update (12:12 UTC): Bitcoin fell by nearly $500 to $11,546 in the 10 minutes to 10:30 UTC, after failing to absorb selling pressure above the $12,000 mark during the early European trading hours. It’s the second rejection above $12,000 in eight days, and comes as the U.S. dollar shows signs of bottoming out.

Bitcoin is on the hunt for a new yearly high, having crossed above $12,000 early on Monday.

Disclosure

The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

Bit2Big

Bit2big offers global digital finance solutions based on blockchain, cryptocurrency investments and blockchain services.

With a presence in Switzerland, Nigeria, Rwanda and Uganda we are driving the adoption of blockchain technologies in the east and west Africa.

Transformative, empowering, progressive and integral. At Bit2big we believe in ownership, financial stability and having control over your future.

News

How to survive the crypto market
June 17, 2021By
Nigeria’s tech community was booming. Now it’s in shock
June 14, 2021By
Summit to stimulate investment into Africa
May 31, 2021By

Recent Cases

Related Posts

Leave a Reply