Bitcoin Price Needs to Break Above $48k! On-Chain Data Tells a Different Story!

Bitcoin Price Needs to Break Above $48k! On-Chain Data Tells a Different Story!

The post Bitcoin Price Needs to Break Above $48k! On-Chain Data Tells a Different Story! appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

Throughout the previous week, the entire market has been fairly volatile, but one occurrence sticks out above the others. In less than three hours, the Bitcoin price dropped by as much as 10% to $40,983. The market capitalization of cryptocurrency markets has dropped from $2 trillion to $1.8 trillion.  China’s central bank declared all cryptocurrency …