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https://www.teletrader.com/bitcoin-drops-15-trades-close-to-8-000/news/details/52111275?internal=1 https://www.teletrader.com/bitcoin-drops-15-trades-close-to-.
by thexa4 6y ago
https://www.teletrader.com/bitcoin-drops-15-trades-close-to-8-000/news/details/52111275?internal=1 https://www.teletrader.com/bitcoin-drops-15-trades-close-to-...
This website suggests it's due to bitcoin halving the block reward soon.
- kerkeslager 6y ago1. That link does not suggest a causal link between the halving and the drop in price. 2. If it did suggest that, it would directly oppose the law of supply and demand--a reduction in the rate of increase in supply should increase price, not lower it.