RATE Group | Bitcoin Starts 2o20 With A Whimper As Crypto Markets Suddenly Dive
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Bitcoin Starts 2o20 With A Whimper As Crypto Markets Suddenly Dive

03 Jan Bitcoin Starts 2o20 With A Whimper As Crypto Markets Suddenly Dive

Posted at 04:28h in Bitcoin News by

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Many have said the 2020s will be the decade of bitcoin and cryptocurrencies but a few days into the new year and the bears are still in control.

The bitcoin price has been on a steep downward trend over the last six-months with bitcoin today dropping under the psychological $7,000 mark to trade as low as $6,900 per bitcoin on the Luxembourg-based Bitstamp exchange.

“We stand before the dawn of a new decade. As we look ahead, there is little doubt that the next one—the 2020s—will be the decade of crypto,” the cofounder of the U.S.-based Gemini bitcoin and cryptocurrency exchange Tyler Winklevoss boldly proclaimed on New Year’s Eve.

So far into 2020, bitcoin is down almost 4%, while top ten digital tokens bitcoin cash, litecoin, EOS, and binance coin are off by around 5%. Tezos is the biggest loser for 2020 so far,…

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