2 thoughts on “Why did Bitcoin fall below $ 10,000?”

  1. There are many views about the reason why Bitcoin falls below $ 10,000. Some people in the industry said: "Maybe the main force is a good show prepared in advance to commemorate the 94 incident." More views believe that DEFI (decentralized finance) mining takes off off -site funds is one of the main reasons for this round of decline. However, there are also opinions that the main reason for the decline in Bitcoin is caused by the dealer's smashing disk.
    The website shows that in the early morning of September 3, the Bitcoin plummeted by more than 10%, once fell below the $ 10,000 mark, a minimum of 9960 US dollars, a new low since July 27, the 24H decline was 9.98%. At present, it has rebounded. To $ 10302. At the same time, cryptocurrencies have fallen collectively, and the top ten popular currencies in the market value have a decline of more than 10%in addition to stable currencies.
    , due to the special date of the Bitcoin fall, there were already declines in the previous two days. Some people in the industry said: "Maybe the main force is a good show prepared in advance to commemorate the 94 incident." It is reported that the 94 incident in the currency circle comes from September 4, 2017, and the seven ministries and commissions jointly issued the "Announcement on Preventing token Issuance Financing Risks", which was officially stopped to stop ICO (first token issuance) financing. Important watershed in the history of digital currency speculation.
    , it is not a currency tradition in the currency circle. As for the decline in Bitcoin, more views believe that DEFI (decentralized finance) mining takes off off -site funds is one of the main reasons for this round of decline.
    , there are also opinions that the main reason for the fall of Bitcoin is caused by the dealer's smashing.
    The analyst KOL, an analyst of the madman named digital currency trend, pointed out that a large number of smashing orders have appeared in the recent exchanges. Throwing the goods, all the hanging orders were eaten instantly by the brick -moving robot, and about 4,000 coins were smashed.
    Extension information
    DEFI (decentralized finance) mining to remove off -site funds away is the point that causes the this round of decline. It is said that the market decline is the DEFI class (decentralized finance) project "blood -sucking", and the Sushi project that has recently skyrocketed a hundred times has recently skyrocketed.
    This Researcher Kang Luzhi, a senior researcher at the Firecoin Research Institute, said that the hotspot of digital currencies in the near future is not in the Bitcoin market, but the decentralized financial market in Ethereum ecology and wave field ecosystem gradually prosper Causes the prosperity of the overall digital currency market.
    The transaction volume from the decentralized exchange has reached 6%of the transaction volume of the mainstream exchange. In addition, the 24 -hour transaction volume of the 24 -hour transaction of Uniswap, a decentralized exchange in early September, reached 441 million US dollars, and for the first time, it surpassed the head centralized exchange Coinbase Pro.
    Reference information Source: Interface News-Bitcoin fell below $ 10,000, and the entire network burst of 7 billion yuan. Is the dealer smashing or a new mining?

  2. You tell me why Bitcoin can't fall below $ 10,000? Do you know bitcoin? What is the reason for supporting $ 10,000? What are the funds of the hype Bitcoin? If you do n’t even know the logical relationship of this price fluctuation, do n’t tell me you really went to this muddy water, even if you really make some money, I dare you be sure you will pay it back to this market. , So you ask this question very naive,

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