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Why are cryptocurrency prices falling today? According to market experts, the fall in crypto prices was due to massive profit booking. The cryptocurrency market is likely to remain volatile for the next one or two days. This could be also due to China’s crackdown against mining.Why are Bitcoin prices falling?
You see, the main reason why the Bitcoin price is falling stems from misuse of an old market tool…. Virtually all investors know that the worst stock market crash in history, the crash of 1929, was in large part caused by people buying on margin – borrowing money to buy stock.Why is bitcoin going down?
Possible reasons for why the Bitcoin price is going down: Dell is selling their first bitcoins. The whales (big Bitcoin holders) are selling. Investors think Bitcoin is still in Bubble territory. There is no real reason to go up, and crypto in general doesn’t seem to like stability, so it either goes up or down.