What's going on today 08-03/2018 with crypto currency market?

[diablo]

During yesterday and today I see that the crypto market including bitcoins is bleeding again, it's RED and the situation seems not to be better!

Any idea what is going on there today?

 

[negon]

Seems you can find the answer here: Bitcoin is plummeting after one of the world's largest cryptocurrency exchanges suspended withdrawals

CoinMarketCap." data-reactid="29">Binance is one of the largest cryptocurrency exchanges in the world, with $1.77 billion worth of digital coins on its platform, according to CoinMarketCap.

. "Is it because of account getting hacked or binance ‎bot issue?"

Other users said they had experienced a similar issue with their cryptocurrencies being sold for bitcoin. " data-reactid="31">Other users said they had experienced a similar issue with their cryptocurrencies being sold for bitcoin.

said in a statement. "As of this moment, the only confirmed victims have registered API keys (to use with trading bots or otherwise). There is no evidence of the Binance platform being compromised."" data-reactid="32">"We are investigating reports of some users having issues with their funds. Our team is aware and investigating the issue as we speak," the exchange said in a statement. "As of this moment, the only confirmed victims have registered API keys (to use with trading bots or otherwise). There is no evidence of the Binance platform being compromised."

 

[uplana]

was wondering about the same! thanks for taking the time to post about it here

 

[negon]

I found some great information about the fall here Bitcoin Briefly Drops to $9,000: Factors Behind the Decline

It explains it very well!

 

[obstak]

Huge Whale from Mt.Gox Started Dumping BTC
Mt Gox Trustee Sells $400 Million in Bitcoin

Now everyone is panic selling. It Should continue to to drop for a few day until people start BTFD!

 

[JohnLocke]

Seems we are into the same situation again, Bitcoin Price to Bottom at $5,700 in Short-Term But Recover: Analyst

 

[RayanNorthrop]

Crypto is a kind of world where things NEVER stops, as every day there is something or the other happening, and it’s not EASY to face it up. So, that’s why we need to be entirely sure of things in order to benefit. I find it incredibly easy to track things down with major sites. Right now, we have seen great things happening in the Crypto industry with projects like LightSpeed Venture Partners Raising over $1.8 Billion.

 

[diablo]

yeah seems every day there is new happening in the crypto world.