AltcoinAnalysisBitcoinNews

Cryptocurrencies Christmas Correction

They say what goes up always comes down, no one wanted but everyone knew Bitcoin price correction was coming. Bitcoin and all TOP 20 cryptocurrencies are going through major correction after dropping by double digits in last 24 hrs. No one expected that almost all cryptocurrencies will see double digit correction just before the Christmas.

Bitcoin Price Correction

Bitcoin price has corrected by 22.55% in last 6 days after peaking at $20,000 on 17th December. Total cryptocurrency market cap also fell sharply to $422 billion after peaking at $652 billion on 21st December. No one knows the exact reason for sharp drop in prices but price correction was long due as Bitcoin had major bull run for last 1 month. Bitcoin is currently hovering around $14,000 and might drop further.

Below chart shows about rise and fall of Bitcoin.

Must read articles you should read:

Positive Things Famous People Said About Bitcoin
10 Must Known Facts About Ethereum
How to Buy Your First Bitcoin Using Coinbase

Disclaimer: Cryptocurrencies investments are full of speculative and market risks. This article is only for information purposes and not an investment advice. Please conduct your own thorough research before investing. For any questions reach us at: contact@bloqtimes.com

Like our article, then support us by sharing with your friends on social media. And feel free to leave any thoughts & comments below the article.

If you have any feedback or suggestions do contact us at: contact@bloqtimes.com

Tags

Bryan

Bryan is an avid news reader and a crypto investor. You will often find him busy researching about cryptocurrencies on a beach side.

Related Articles

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Close