BTC: €3,328.75 | -15.62% since last week
ETH: €94.42 | -18.83% since last week
BCH: temporarily suspended
LTC: €26.41 | -8.84% since last week
The crypto market hit a new low, losing 37% of its value. The overall market is currently sitting around €107.26 billion. Bitcoin touched a yearly low of €3,165 while keeping its dominance of 53% of crypto market. Whenever Bitcoin plunges down altcoins follow it. The mainstream media have been proclaiming the death of Bitcoin, that it is going to 0. Bitcoin is not dead. It is normal for Bitcoin to lose 80% of its value from time to time. Bitcoin is not a normal investment and it certainly is not a get rich quickly tool. Those who bought Bitcoin for the wrong reason are exiting the market, while those who recognise the potential of Bitcoin, are accumulating it.
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