Why is Bitcoin dropping?
Bitcoin Price Drop to $8.9K Raises Fear of a New Bear Trend Beginning. Traders fear Bitcoin could be entering a new bearish trend after the price dropped below $9,000 earlier today. The price of Bitcoin (BTC) dropped to as low as $8,900 on May 21 following a strong rejection of the $9,800 level
The eternal struggle of the Bitcoin Miners will probably never end. Now the Mining Difficulty has risen again by about 15% and the Miner Surrender is on everyone’s lips again. What exactly this is all about and how much Hashrate and Difficulty could actually affect the Bitcoin price, you will learn in this article. Have fun!