Bitcoin Falls By 25% - Time To Invest

Updated Tuesday 10 March 2020 6:14

Bitcoin price has fallen to $7,700 after trading above $10,000 just two weeks prior. But why exactly as Bitcoin plunged as much as 25% in a little more than two week’s time?

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Here are a number of factors influencing the latest cryptocurrency market bloodbath.

Bitcoin price hit $6,400 back in mid-December 2019 and then took off like a rocket on powerful, over 50% rally.

The cryptocurrency had made it to above the key psychological “FOMO trigger” level of $10,000 before this latest collapse back down by 25% to $7,700. But why such a fall?

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