Bitcoin steadies after selloff amid overall pressure on crypto assets Early on Wednesday, Bitcoin and other cryptocurrencies were gaining, recovering some of the losses from the selloff the day before. Over the last 24 hours, Bitcoin has increased by 0.2% to $65,505. The biggest cryptocurrency’s price has fallen since it reached a record high of around $74,000 in mid-March due to a spike in interest from new spot exchange-traded funds. Last week saw net withdrawals from ...
Lucky2828 :
Just be cautious as I observed the selling pressure has not eased. Day traders in fact keep shorting shares to hit historical low. We can buy at low price but must be at slow pace. Moreover, many companies including large cap are facing more financial issues, keep borrowing more to repay the old debts. This is dangerous, their stock price might just plunge 50% when their earning miss expectation.
Ikew888999 : This mine is very hard, it hasn't dropped much
Lucky2828 : Just be cautious as I observed the selling pressure has not eased. Day traders in fact keep shorting shares to hit historical low. We can buy at low price but must be at slow pace. Moreover, many companies including large cap are facing more financial issues, keep borrowing more to repay the old debts. This is dangerous, their stock price might just plunge 50% when their earning miss expectation.