Bitcoin, the biggest cryptocurrency by value, fell 8% in 24 hours.The sell-off in digital coins followed a plummet in oil prices.Jordan Mansfield | Getty Images News | Getty ImagesThe market capitalization or entire value of cryptocurrencies was down $21.
58 billion from a day earlier at around 10 a.m. Singapore time, according to data from Coinmarketcap.com. It was down even further earlier in the day, but pared some of those losses.The violent sell-off in the cryptocurrency market comes after international oil benchmark
We Give Crypto Loans anyone interested just Get Back at Me
MAKES ZERO SENSE. No correlation! Traders in ALL ASSET CLASSES are looking like idiots right now. Put on your big kid pants people and stop acting like frightened CHILDREN.
Iv lost lots..not happy:-(
If you listen to these tools you deserve to loose your money.
LOLOLOL
Lol peanuts to the equity market bubble
Nothing to see here ✊😎✊ just normal day in crypto 🖕😎🖕😂🍆🍒
1 bitcoin=1$
Bitcoin is the biggest scam of all time.
Thanks for the Long signal
Non correlated, educate yourself before posting garbage articles like this. Btc doesn't give a flying F%$ about oil
IntelDoge Catalys_t
Buy signal
FRAUDE DE NIÑITOS RICOS!!!DEVUELVAN ESE DINERO A LOS POBRES IDIOTAS QUE CREYERON
Lol, punishment for trading crypto. Fraudulent sector of the financial markets.
Send it guys, they won’t see it coming Eth
You guys legit were my top signal, Thanks fam
Remember my Bitcoin Friends DYOR
So anyone who wants to buy into this pyramid scam is probably behind the scams in the first place! Kind of like the FX traders that always bet against the dollar even with turmoil in Europe with zero %rates,growth,jobs and endless debt with stimulus year after year! Scammers
So amyone who wants to buy into this pyramid scam is probably behind the scams in the first place! Kind of like the FX traders that always bet against the dollar even with turmoil in Europe with zero %rates,growth,jobs and endless debt with stimulus year after year! Scammers
Digital currency
No correlation. But, nice try with the catchy click-bait.
bashycrypto bitcoin will be right back up. Watch and learn my fellow people at CNBC XRP ETH
Don't blame Bitcoin when it is bearish. And remember that 1BTC = 1BTC always!
Cryptocurrency LOL
So? Whats the correlation between oil and BTC?
a Barrel of Oil has fallen to $30/Barrel. The stock market may sell-off, but $30/barrel means really low gas prices. That is great for the US economy and great for the consumer. Infact, this is the best thing that could have happened during the Coronavirus outbreak.
CNBC is full of idiots just like MSNBC
bashycrypto BoughtXRP not bitcoin
Why wasn't the whole purpose of crypto to replace m1&m2 in times of turmoil like this? How come no crypto experts talk about that?
Crazy
Imagine thinking BTC's price movements have even one thing to do with the price of oil 🤡🤡🤡
Stock market has wiped off 4.3 trillion though and that's just a start. Don't worry about crypto.
cachiestboi I guess you need oil to run electricity for miners? I don't know, the stretch is real.
bashycrypto Huh? This makes no sense. Who left the interns in charge on a Sunday.
Fuck anything virtual and burly gild and precious metals.
Bitcoin was dumping all day we set the tone thank you very much
Are you serious right now..
Anyone know what was wiped out in oil? How about the Dow or S&P? I know that it DWARFS the 'lil ole 'toy' of cypto, though. Put things in perspective, please....
riosmauricio collateral damage!
😂😂😂
Bitcoin is shitcoin
PedroCerize 🙃
Bitcoin cryptocurrency ... ... realistic dollar alternatives / replacements - or just more money takers? ___
Just another FUD opportunity to shake out weak hands.
tysontrades paump et or nah?
This is why you don’t give your money to these WS criminals and the computers organized crime ring, unless you’re a degenerate gambler lol it’s a rigged scam funded by the FBI & SEC
ohh wait, what happen to the all 'Bitcoin is safehaven' thing? Another proof this whole crypto is a scam.
That shit will be back up 30 billion next week!!
Oil prices caused a crypto sell off?
Crypto currency is the biggest scam of the past 50 years. I still cant believe people actually buy it. A currency that you can’t actually buy any thing with. What a joke.
New World Currency
This makes no sense at all. 1) There is very low correlation between BTC and Oil. 2) Oil is currently down 25%. Equity markets are down 5%. So, liquidity call, yes?
Oil. Crypto. Same thing.
1 bitcoin is still worth 1 bitcoin. No worry here
Yes fud me baby
“Store of value”