Home Blockchain News Bitcoin Price Sinks Below $3,800, Ethereum and EOS Plunge 5%: is Crypto on the Decline?

Bitcoin Price Sinks Below $3,800, Ethereum and EOS Plunge 5%: is Crypto on the Decline?

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In the last 24 hours, the Bitcoin price dropped from $3,874 to $3,764 by 2.8 percent, leading major crypto assets such as Ethereum and EOS to lose well over 5 percent of their value against the U.S. dollar. The valuation of the crypto market fell by $4 billion from $130 billion to $126 billion, dropping to the $120 billion region for the first time since mid-February. Traders Not Optimistic About Short-Term Movement of Bitcoin Earlier this month, one cryptocurrency analyst suggested that the longer Bitcoin remains in its tight range from $3,300 to $4,000, the higher the probability of the

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