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News Link • Bitcoin

Crypto Collapse Accelerates As Bitcoin Miners Turn Cashflow Negative

• https://www.zerohedge.com, Tyler Durden

It's been one hell of a week for cryptos...

After the Coinrail hack prompted scaredy-cat South Koreans to dump their crypto, Bitcoin and Ethereum both broke critical technical support levels (BTC $7,000 and 2018 lows; ETH 50DMA & $600 figure).

Bitcoin lowest close since Nov 2017...

Ethereum broke $600, $500, and its 100DMA...

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