The Coronavirus Nightmare Continues As Bitcoin Loses $1500 This Week: The Crypto Weekly Market Update

View in browser Weekly Crypto Market Update BTC $8,620 | ETH $224 | XRP $0.234 | Total Market Cap: $245 Billion Bitcoin lost a serious chunk of its Dollar value this week. Down about 12% over the past seven days, the cryptocurrency is currently trading at around $8,700. It's essential to see where it goes from here. From above, there's the 200-days moving average at $8,800, which has now turned to resistance. Bitcoin hasn't closed a day below the 200MA since January 27th this year. All of this comes amid the growing spread of the coronavirus. Confirmed cases are coming from all over the world from countries such as the US, Italy, the United Kingdom, and so forth. This has undeniably taken its toll on the entire global market. The S&P 500 marked its quickest correction in history. The index lost more than 10% in a little more than a week while all other major indexes are also declining rapidly, day after day. Read The Full Market Update Advertisement Price Analysis Overview of Bitcoin, Ethereum, Ripple, Bitcoin Cash, and Chainlink This week we've taken a closer look at the performance of Bitcoin, Ethereum, Ripple, Bitcoin Cash, and Chainlink. For an in-depth look, read more.  Wall Street Marks Quickest 10% Correction In History The S&P 500 declined with more than 10% in about a week. This is the quickest correction it has seen in history. Read more. September 1 Warren Buffett Is Still Not Convinced Of Bitcoin Despite having dinner with Tron's Justin Sun and other well-known members of the crypto community, Buffett is still not convinced of Bitcoin. Read more.  91 Maritza, Plovdiv Bulgaria You received this email because you signed up on our website or made a purchase from us. Unsubscribe