Well, maybe crashing isn't the right word - but it's definitely dropping in price. Here's a cool overview of what's happening:
https://cryptotradernews.com/crypto-trader-pro/what-triggered-the-mighty-bitcoin-fall/
My key takeaways:
Thoughts?
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My key takeaways:
- September is typically a bad month
- Baakkt is not doing very well
- Its worth noting the cryptocurrency is still up about 127% on a year-to-date basis
Thoughts?
Well I think the hack of the Lightning Network, the Google quantum computing exploit and the very low volume on Bakkt at its launch are the main culprits of the crash... The big dip in the hashrate wasn't a good news too...