Bitcoin price holds $93K, proving bulls see a ‘buy the dip’ opportunity
Bitcoin’s drop to $92,000 was the result of leverage being flushed out and overoptimistic investor sentiment being reset. The real key is whether bulls buy the dip.
Bitcoin and altcoins lost part of their recent gains after the US trade war with various European countries resumed, prompting some traders to reduce risk and watch from the sidelines.
XRP price plunged below $2 amid a market-wide sell-off as strong spot ETF inflows and a surge in XRP Ledger transactions failed to lift investor sentiment.
South Korea busts $100M underground remittance ring using WeChat, crypto: Report
South Korea’s customs agency charged three suspects over a more than $100 million crypto-linked remittance scheme using WeChat Pay and Alipay, per Yonhap.