Thursday, September 29

Bitcoin Falls Below $ 50,000 Amid Warning Binance’s “New” Whale Is Pushing BTC Price By CoinTelegraph

© Reuters. Bitcoin Falls Below $ 50,000 Amid Warning That Binance’s ‘New’ Whale Is Pushing BTC Price

(BTC) lost $ 50,000 for the first time in multiple days on December 26 as deposits to exchanges caught up with cautiously upbeat mood.

1 hour candlestick chart of the pair (Bitstamp). Source: TradingView “New Player” Strengthens Sell Wall at $ 50,000 Data from Cointelegraph Markets Pro and TradingView showed volatility hitting the BTC / USD pair overnight on Saturday.

The pair had reached $ 51,500 before starting to pull back, culminating in a drop to $ 49,644. At press time, Bitcoin was hovering around $ 50,000.

Read the full article on Cointelegraph

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