QCP Capital Cites ‘Lack of News Flow’ for Bitcoin’s Price Decline Amid Market Doldrums


$ 104,750.8
€ 91,770.0
¥ 38,800.0
£ 77,243.1
BTC
-1.07 %
$ 2,605.86
€ 2,283.62
¥ 965.17
£ 1,921.33
ETH
-1.46 %
$ 334.08
€ 293.05
¥ 123.84
£ 246.56
XMR
-4.98 %
$ 87.94
€ 77.05
¥ 32.56
£ 64.83
LTC
-3.24 %

On Wednesday at 11 a.m. EDT, bitcoin hovered just around the $65,000 mark. QCP Capital published its market commentary, attributing the downturn in the crypto economy to a lack of news flow and stagnant markets. In such a market, with minimal positive news to spur buying, existing crypto holders may lose confidence and patience. Crypto […]

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