Re: Bitcoin slips below $8,000 as investors step away from risk

Quote from: Adsily on August 01, 2018, 03:22:13 PM

Bitcoin briefly fell below $8,000 on Monday as investors scaled back their exposure to cryptocurrenices, after a sell-off in shares of technology and internet companies spilled over into other risky assets.

Full article here https://tech-trending.com/bitcoin-slips-below-8000-as-investors-step-away-from-risk/

And just a couple of days later, it looks like Bitcoin may slip below $7000 as well. You are trying to read too much into the decline. Bitcoin definitely does not move in line with internet companies. If that was the case, Bitcoin's volatility would be a tenth of what it is now. There are many other factors driving Bitcoin's price.