The alleged sale of bitcoin (BTC) shares by Elon Musk's SpaceX, the bankruptcy of a Chinese real estate giant and the fear of a rise in interest rates have been some of the theories that have been discussed about the strange fall. of the bitcoin price. On August 18 around 9:35pm UTC, the bitcoin price suddenly plunged more than 8% in a span of 10 minutes, taking the broader crypto market with it, leaving many in the crypto community scratching their heads.
Posted on investing.com