Market Predictions, Miner Fees Fluctuate, & China Moves Fast: Bad Crypto News of the Week
Cointelegraph
Published Jun 20, 2020 05:00PM ET
Updated Jun 21, 2020 07:00PM ET
An eventful week for Bitcoin this week. It ended down nearly 5 percent but at one point, things were looking much worse. A collapse to $8,900 sparked talk of a three-month correction—which could be exacerbated by the expiration of more than 100,000 Bitcoin options next Friday.
So far at least, the correction appears to have largely corrected itself but that might be because of the turmoil in the stock markets. Yoni Assia, CEO of eToro, predicts a market crash in three weeks. Bitcoin is currently outperforming the market and acting as a safe haven.
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Written By: Cointelegraph
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