Bitcoin Falls Below $8,000 as Traders Flee Cryptos
Investing.com – Bitcoin fell below $8,000 on Wednesday as ongoing negative sentiment forced traders to abandon their bullish crypto holdings, wiping more than $30 billion off the crypto market.
Bitcoin fell 7.34% to $7,589.4 on the Bitfinex exchange from a high of $8,196.8.
Bitcoin’s plunge below $8,000 appeared to attract a wave of selling as some said the move lower was a sign that upside momentum in the popular crypto was diminishing amid falling demand.
The total market cap of cryptocurrenci…
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