190: BITCOIN TANKS AFTER OIL’S COLOSSAL COLLAPSE, BUT THE BULL CASE REMAINS STRONG | BTC News Today

Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News

English - April 21, 2020 14:16 - 16 minutes - 7.88 MB - ★★★★ - 537 ratings
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#Bitcoin was in for a surprise plunge this Monday as investors assessed the situation in a worrisome oil market.

The #BTC price fell by 4.30 percent to circa $6,748 per token shortly after the US oil futures price slipped into negative territory for the first time. The two assets remain non-correlated, but Bitcoin’s growing correspondence to the stock market amid the fast-spreading coronavirus pandemic might have led to the Bitcoin price decline.