Advertisement
AD

Main navigation

Advertisement
AD

Error message

Warning: Undefined array key 0 in amp_entity_view_alter() (line 156 of modules/contrib/amp/amp.module).
amp_entity_view_alter(Array, Object, Object) (Line: 545)
Drupal\Core\Extension\ModuleHandler->alter('node_view', Array, Object, Object) (Line: 304)
Drupal\Core\Entity\EntityViewBuilder->buildMultiple(Array) (Line: 238)
Drupal\Core\Entity\EntityViewBuilder->build(Array)
call_user_func_array(Array, Array) (Line: 111)
Drupal\Core\Render\Renderer->doTrustedCallback(Array, Array, 'Render #pre_render callbacks must be methods of a class that implements \Drupal\Core\Security\TrustedCallbackInterface or be an anonymous function. The callback was %s. See https://www.drupal.org/node/2966725', 'exception', 'Drupal\Core\Render\Element\RenderCallbackInterface') (Line: 788)
Drupal\Core\Render\Renderer->doCallback('#pre_render', Array, Array) (Line: 377)
Drupal\Core\Render\Renderer->doRender(Array, ) (Line: 204)
Drupal\Core\Render\Renderer->render(Array, ) (Line: 238)
Drupal\Core\Render\MainContent\HtmlRenderer->Drupal\Core\Render\MainContent\{closure}() (Line: 583)
Drupal\Core\Render\Renderer->executeInRenderContext(Object, Object) (Line: 239)
Drupal\Core\Render\MainContent\HtmlRenderer->prepare(Array, Object, Object) (Line: 128)
Drupal\Core\Render\MainContent\HtmlRenderer->renderResponse(Array, Object, Object) (Line: 90)
Drupal\Core\EventSubscriber\MainContentViewSubscriber->onViewRenderArray(Object, 'kernel.view', Object)
call_user_func(Array, Object, 'kernel.view', Object) (Line: 111)
Drupal\Component\EventDispatcher\ContainerAwareEventDispatcher->dispatch(Object, 'kernel.view') (Line: 187)
Symfony\Component\HttpKernel\HttpKernel->handleRaw(Object, 1) (Line: 76)
Symfony\Component\HttpKernel\HttpKernel->handle(Object, 1, 1) (Line: 58)
Drupal\Core\StackMiddleware\Session->handle(Object, 1, 1) (Line: 48)
Drupal\Core\StackMiddleware\KernelPreHandle->handle(Object, 1, 1) (Line: 191)
Drupal\page_cache\StackMiddleware\PageCache->fetch(Object, 1, 1) (Line: 128)
Drupal\page_cache\StackMiddleware\PageCache->lookup(Object, 1, 1) (Line: 82)
Drupal\page_cache\StackMiddleware\PageCache->handle(Object, 1, 1) (Line: 48)
Drupal\Core\StackMiddleware\ReverseProxyMiddleware->handle(Object, 1, 1) (Line: 51)
Drupal\Core\StackMiddleware\NegotiationMiddleware->handle(Object, 1, 1) (Line: 51)
Drupal\Core\StackMiddleware\StackedHttpKernel->handle(Object, 1, 1) (Line: 704)
Drupal\Core\DrupalKernel->handle(Object) (Line: 18)

Bitcoin Price Plummeted Right After Decline on US Stock Market, eToro’s Mati Greenspan Says

Advertisement
Wed, 25/09/2019 - 8:51
Bitcoin Price Plummeted Right After Decline on US Stock Market, eToro’s Mati Greenspan Says
Cover image via 123rf.com
Read U.TODAY on
Google News
Advertisement

Yesterday, the Bitcoin price plunged by over $1,000. Experts believe that this could have been caused by a poor start of physically settled BTC futures on the recently launched Bakkt. Apparently, investors saw that BTC was overvalued and started getting rid of it.

Another reason for the BTC decline was allegedly the 40-percent crash of Bitcoin hashrate that took place right before the price of the most valuable crypto crashed.

However, the Bitcoin bull Brian Kelly in his recent talk on CNBC said he believes in the long-term success of Bakkt BTC futures.

Mati Greenspan points to a ‘strange coincidence’

In a recent tweet, the chief analyst of the crypto trading platform eToro Mati Greenspan posted a chart, showing that a decline in the US stock market took place right before  yesterday’s collapse of the Bitcoin price. 

Advertisement

Greenspan commented on the chart:

I know it's an uncorrelated asset but this is a really strange coincidence.”

Earlier, a correlation between Bitcoin price and the traditional financial market was suggested when the trade war between the US and China broke out and the Chinese yuan dropped heavily and Bitcoin price surged

Back then, many experts suggested that Bitcoin was used as a hedge against the declining Chinese currency.

Related

Investors’ sentiment remains positive

Despite the big Bitcoin price drop, crypto experts and investors remain bullish and are tweeting that they are buying BTC on the deep to get bigger profits later on.

The founder of the gamified social trading terminal Aluna.Social, has taken to Twitter to predict that this is the last time Bitcoin is trading below $10,000.

A
A
A

Related articles

Advertisement
TopCryptoNewsinYourMailbox
TopCryptoNewsinYourMailbox
Advertisement
Advertisement

Recommended articles

Latest Press Releases

Our social media
There's a lot to see there, too

Popular articles

Advertisement
AD