What Is Going on with Bitcoin?

Posted by paulpauper on Thursday August 17, 2023 @06:02PM
from the self-post dept.

crazy action, down $2k almost instant to $24.8k

( 4 comments | on HN )

Re:What Is Going on with Bitcoin? by muningis on Thursday August 17, 2023 @06:08PM (#37168855)

Overreaction to Evergrande? Also, other cryptos dropped even harder

[ Parent | on HN ]

Re:What Is Going on with Bitcoin? by celtoid on Thursday August 17, 2023 @06:12PM (#37168889)

Maybe this might be playing a part?

Coinbase Gains Approval to Offer Cryptocurrency Futures, Diving into Trillion-Dollar Derivatives Market [0]

[ Parent | on HN ]

Re:What Is Going on with Bitcoin? by SilasX on Thursday August 17, 2023 @08:52PM (#37170275)

Don't those things tend to increase the value of crypto?

[ Parent | on HN ]

Re:What Is Going on with Bitcoin? by paulpauper on Thursday August 17, 2023 @09:39PM (#37170540)

nothing at this point increases the value of crypto

[ Parent | on HN ]