Bitcoin price first dipped a toe under the $9,000 mark, then went on to erase profit positions gained since the dramatic rally at the end of October. The slide took BTC to $8,780.84 as of 15:25 GMT on Friday, with plenty of leeways to drop as the weekend hovered with lower volumes. Here are five reasons why this happened. Bitcoin Whales Calling Quits Crypto exchanges saw outflows in the past days, with no new seriousRead MoreThe post Five Reasons Why Bitcoin Price is Crashing Right Now appeared first on Bitcoinist.com.
