RATE Group | Bitcoin Price Falters but Fundamentals Remain Intact
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Bitcoin Price Falters but Fundamentals Remain Intact

23 Nov Bitcoin Price Falters but Fundamentals Remain Intact

Posted at 03:00h in Cryptocurrency News by

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  • The bitcoin price is putting the crypto community to the test.
  • Bitcoin fundamentals, however, remain solid.
  • Altcoins are down in sympathy.

It’s not easy being a crypto investor these days. China is sending mixed messages, the bitcoin price is in the doldrums, and there is major FUD being spread around the industry that is only exacerbating already precarious market conditions. In fact, the only thing harder than being a bitcoin investor these days is being an altcoin investor, given they are subject to the whims of a violently volatile larger peer, the latter of which currently boasts a dominance rating of more than 66%.

Source: Twitter

Fundamental Focus

Bitcoin is currently trading where some said it would never trade again – below $10,000. In fact, it’s down 15% in the past week alone and is trading at May 2019 levels. But if you focus on the fundamentals, you just might be able to see the glass half-full like crypto investor Brian Kelly.

Time and again, crypto investor Brian…

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