Diamond Hands Vs. Crypto-n00bs And Why The bitcoin Price Dipped

Sunday morning, 18.04.2021, the cryptocurrency market entered the red zone. Bitcoin and most major digital assets lost between 5% and 20% of their value overnight, leading to a massive liquidation of market positions totaling nearly $10 billion. At the time of writing, the largest cryptocurrency Bitcoin is trading at $55000. The coin has fallen by almost 12% in 24 hours and even was testing the $51,400 mark at that time. Bitcoin more than doubled in price since the beginning of the year, with an annual growth rate of almost 800%.