Hello guys
It is a opinion by professional "bitcoin futures market ultimately led the cryptocurrency market to crash and record the third worst correction in its history."
What do you think about it ?
Late last year, the cryptocurrency market reached its all-time high, surging to $900 billion in valuation. The price of bitcoin, the most dominant cryptocurrency in the global market, achieved $20,000 and the price of ether broke $1,400. But, in January, the price of cryptocurrencies started to drop, eventually recording a 70 percent correction within a seven-month span.
Many analysts in the cryptocurrency space have also offered contrasting insights into the futures market and its impact on the cryptocurrency sector. Some have claimed that due to the fixed amount of long and short contracts that exist in the futures market, it is not possible to manipulate a market that is worth a few hundred billion dollars.
What do think how much can be correction in BTC ??
Or
What do think how much price of BTC goes at this year ??
News source www.CNN .com