The price of Bitcoin has been decreasing since August 7. During this time, the market capitalization of the digital currencies lost almost $60 billion.
Even though the Bitcoin Fear and Greed Index is quite subjective, it indicates the pessimism among crypto investors.
In this week, the crypto enthusiasts called Whale Alert, one of the web’s major cryptocurrency transaction trackers, shared news of the transfers up to 100,000,000 XRP between unknown wallets.
The popularity of the market’s leader on Coinbase Pro is almost 75% of the exchange’s total trading volume.
The correlation between Bitcoin and Gold has doubled during the last three months against the background of the current state of international policy. The same was in 2016 when the UK decided to leave the European Union.