Financial news

Cryptos Flash-Crash Overnight, Alt-Coins’ Post-Libra Collapse Continues

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Via Zerohedge

Another ugly overnight session in cryptos with a sudden high volume collapse striking around 0620ET driving Bitcoin down towards $9000 and Ether down towards $200…

The usual sea of red…

Source: Coin360

Early this morning, it appears someone decided it was time to exit their crypto positions en masse…

Sending Bitcoin down towards $9000…

 

And There down towards $200…

 

 

It’s not been a great month for bitcoin, but bitcoin has actually outperformed…

 

 

Notably, since Libra’s white-paper was released, Bitcoin is practically unchanged but the biggest alt-coins have all crashed…

 

 

 

 

 



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