Bitcoin News

Crypto capitulation! World’s top five cryptocurrencies crash

We reported earlier today that Bitcoin was on the brink as the crypto market weakened.

Following the least volatile few months in the history of Bitcoin, the largest market-cap cryptocurrency looks increasingly fragile.

We predicted that if Bitcoin couldn’t cling on to support at $6,150 then it could transcend the market into a phase of capitulation and yearly lows. This is now looking evermore likely.

Altcoins also look extremely bearish, and the top five cryptocurrencies price crash is double digit.

For Coin Rivet’s comprehensive guides to cryptocurrencies, blockchain technology and exchanges, click here.

Stay tuned throughout Thursday and into Friday morning as we report further developments in the sudden market drop and then the much-anticipated Bitcoin Cash fork.

Jonathon Bright

Jonathon is a qualified marketing professional (CIM DipM, MA Marketing) with 30 years experience. 10 years financial services marketing experience. He’s worked for global brands such as NatWest, The Financial Times, Haymarket Media, The Wellcome Trust & The Department of Health and managed agency accounts for AXA, Credit Suisse, HSBC Offshore & Canon Professional Print.

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