A sharp rejection of resistance above $9k was not entirely unexpected. Bitcoin price has been poised to pass this level for the best part of the week. When it did, an instant fake out occurred and crypto prices plunged back a thousand dollars in a matter of hours. Crypto Market Cap Takes a Hit The move sent $25 billion out of digital assets and back into fiat as fears of a bigger correction mounted. TotalRead MoreThe post Crypto Markets Dump $25 Billion as Bitcoin Pullback Fears Fester appeared first on Bitcoinist.com.
