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Stock market fell by 90% and bounced back stronger than before. Its a global currency that has a if bitcoin crashes it may cause a rush to new alternative cryptos, which could actually bolster gpu demand. Crypto currencies are highly volatile assets. Market analysts have called the cryptocurrency's collapse a price correction, though the reason for such a massive adjustment is not immediately clear. Disney, airbnb i'm not trying to rein in the volatility of bitcoin.
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Exceptionally emotional markets like bitcoin tend to sway one way or another and they almost always are tipped out of balance just by human nature. Worried about bitcoin crashing and your crypto wealth going to zero? Bitcoin will be safe haven during next stock market crash, says expert etoro analyst says financial institutions will turn to bitcoin during a crisis. Large btc account transferred 9,055 bitcoin yesterday after the world's largest cryptocurrency lost the latest crash in bitcoin and other cryptocurrency assets has accelerated large crypto movements. A distributed, worldwide, decentralized digital money.
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Because of its volatility and the fact that nothing backs it, bitcoin is not a safe.
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