Bitcoinist
2020-06-12 05:41:17

This Chilling Stock Market Warning Could Spark a Bitcoin Crash to $8,000

Bitcoin faces the prospect of crashing to $8,000 if the U.S. stock market continues its decline. The cryptocurrency’s correlation with the S&P 500 grew stronger on Thursday as both fell by circa 6 percent. Victor Dergunov, the founder of Albright Investment Group, warned that the U.S. benchmark could fall another 7 percent. The prediction surfaced as Bitcoin, too, attempts to maintain support above its three-month rising trendline. On Wednesday, Bitcoin and the S&P 500 index […]

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer