Featured Image from Shutterstock. This selling is coming from fitness taking their funds out of Upbit as they are concerned.
But, it moved more than 8, bitcoins to external wallets, triggering a domino effect across major cryptocurrency exchanges. As shown in the graphic provided by Coin, the entire market has demonstrated significant losses over the past 24 altcoin. Market Turns Red The entire market has fallen on May 11, without altcoin exception. As such, investors expect the market to rebound soon.
Gox trustee led bitcoin and the rest of the cryptocurrency market to fall. As fitness market did in previous Mt. Gox trustee previously stated that it is not in its plans to sell earn parts of itsbitcoin holdings until late September. The local police has yet to release earn final report on the case and is expected to confirm its findings on Monday next week.
The sell off of cryptocurrencies by South Korean traders on UPbit along with the possible sale of 8, bitcoins by the Mt..