Bitcoin price falls over the weekend. Bitcoin now has a market cap of just under $41 billion. The slumping price affects Ethereum and many other altcoins. The price of bitcoin fell as low as $2,496. This was probably unexpected a week or two ago as the king of cryptocurrencies was approaching all time high nearing $3, 000.
Panic in the Crypto World
Many in the crypto world began to wonder whether the proposed network fork is fueling the recent bitcoin price decline. Perhaps some this hard/soft fork is making some investors feel uncertain and cashing out their profits in anticipation of further price dip following the fork. If that happens, rather than work away hard hearted investors would instead take advantage of the dip and stock up at a steep discount from current prices.
My Advice (off record)
Buck up and buy more of the coins you've always wanted as prices would eventually go back up after the correction and uncertainty.
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