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Bitcoin suicide lineBitcoin Approaching $30k As Crypto Market Booms Heading Into – Deadline
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Representational image of Bitcoin cryptohead. Bitcoin on track for longest winning streak since As the year draws to a close, not only is the U. Although some liken it to the tulip craze and other speculative investments, it has attracted numerous world class investors and financial institutions, particularly in the last six months.
The Bitcoin boom is a tide that is lifting other boats. Other coins are also on the rise, making for a red-hot market heading into The only down note is found in the third-largest digital currency by market capitalization.
As a result, the price has crashed and many crypto exchanges have stopped trading in it. But overall, a robust cryptocurrency market means good things for new entertainment start-ups, as investors that are flush with extra cash as their cryptos rise are more likely to back disruptive new companies. Subscribe to Deadline Breaking News Alerts and keep your inbox happy.