30 Second Cryptocurrency Price Summary
Current Bitcoin Price: $9,193
Bitcoin price has yet again continued its tumble, slipping 4% into the low $9,000s today.
Top Stories for February 26, 2020
As the stock market has plummeted amid coronavirus concerns, Bitcoin has followed suit, calling into question its potential status as a safe haven asset.
Most cryptocurrencies have plummeted over the last two days too, however zooming out, Bitcoin is still up 34% for the year, and 640% in the last three years.
An EOS block producer, EOS Nation, responded saying that there were some problems associated with micro-forks, however the network can be completely relied upon and is functioning normally.
A United States law firm, Klasing Associates, has predicted a significant rise in the number of lawsuits served by the IRS, to cryptocurrency tax-evaders.
The IRS had already added a cryptocurrency question on Form 1040, and is also reported to be focusing on cryptocurrency at their summit on March 3 this year.
The post Bitcoin Falling Alongside Stocks, Has it Failed the Safe Haven Test? – February 26 appeared first on BitcoinPrice.com.