Sentences with phrase «during the correction bitcoin»

During the correction Bitcoin's price had fallen under 10,000 $, but saw a rebound of 10 - 15 % these last few days.

Not exact matches

Bitcoin was at the forefront of the decline, although coupled with the ICO ban, the likes of Ethereum and NEO are more affected by the new legislation, and indeed ETH fell more during the correction than BTC.
Based on the above - described empirical study, during the period of aggressive downside correction between 16 December 2017 and 13 February 2018, the volatility of the equally weighted portfolio of five cryptocurrencies (Bitcoin, Ethereum, Ripple, Bitcoin Cash and Litecoin) was 6 % less compared to an equal amount invested in Bitcoin, versus a decline in volatility down to 10 % over the entire period of analysis.
Bitcoin's popularity increased during the corrections.
Furthermore, the global market cap is currently increasing and as of press time, it stands at $ 639.42 B from around $ 500 during the December price correction which most coins faced including Bitcoin.
While it is debatable to what extent this sale had a meaningful effect on the Bitcoin price during the recent market correction, the fact that the trustee continues to hold nearly $ 2 billion worth of cryptocurrency and is willing to sell on exchanges rather than through OTC services, further worsened the mood among investors.
The bitcoin price dipped below $ 11,000 on Monday during a minor market correction that saw cryptocurrency market caps decline by a combined $ 39 billion.
The correction forced the bitcoin price below $ 10,000 for the first time since early December, but Thursday's rally enabled bitcoin to regain a bit of the ground it had lost during the downturn.
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