‘Bitcoin Is Dying,’ for at Least the 378th Time to Date

Bitcoin and leading cryptocurrency prices have taken a major hit over the last couple of days. As you might expect, there are no shortage of volunteers to deliver its last rites given the recent volatility.

Over the last 24 hours, Bitcoin has shed around $14 billion from its total market capitalization. This has brought the price down to around $7,180 at the time of writing.

Altcoins have generally fared worse in percentage terms. Ether and Bitcoin Cash have dropped by around 11.95 percent over the last 24-hours, and Litecoin by more than 10 percent. Read More...

#BTC #Bearish