It seems that Bitcoin’s swings cause a butterfly effect throughout the entire market, but what causes these swings in the first place? Well, here’s the summary of the last few days.
The end of September was full of suspense and surprises, with bitcoin (BTC) 00 racing from $ 6,400 to $ 6,700. Many traders were eager to celebrate the time when the coin surpassed this obstacle and headed for the $ 7,000, but that didn’t happen. Not yet, anyway. In fact, FXEmpire noted that yesterday was bitcoin’s 4th red day in a row.