The market is very unstable but there are some minor tokens which are still stable in satoshi wise. Why can't it be same for the giant Bitcoin?
Lightening Network news and still its falling. what else can influence the value of bitcoin?
Minor tokens or almost all other altcoins are also dumped right now because all of their price is tied with bitcoin. Even if they are stable in terms of satoshi, they are down just like bitcoin and even by higher % than bitcoin.
Bitcoin still have higher dominance but as people have pulled out huge amount from crypto as profit marketcap is down by 4x fold so the price too.
When people will stop taking out profit and new investors will see this as a buying opportunity price can fly again like last year. But trading crypto is risky business and price can flip to any side of the coin.
agree, moments like this is a moment that is used by most of the active traders, where the activity of buying and selling is done in a short span of time. No wonder the bitcoin price only plays in the $ 6k - $ 11k area. If the number of long-term investors can dominate and a good news about bitcoin keep showed up, certainly a significant increase will occur as we expect together.
