Bitcoin 'Could Fall to $10,000' 💔

Bitcoin is at risk of falling down to $10,000, according to Guggenheim Investments chairman Scott Minerd. Mon. Jul 12, 2021 Market Activity Total Market Cap $1.43T (+2.84%) 24 Hour Volume $55.59B (+1.78%) Notable Movers[(TEL) $0.01949]( (+24.85%) Notable Movers (DeFi)[(DODO) $1.31]( (+20.34%) Bitcoin Dominance 45.36%(+0.06%) Bitcoin Price[(BTC) $34,321.19 (+1.78%)]( Ethereum Price[(ETH) $2,146.40 (+1.42%)]( Cardano[(ADA) $1.37 (+1.59%)]( Sponsored by Get the Highest Investment Rates in the Industry At Bitrue Bitrue's Power Piggy investments support 40+ coins with APRs as high as 70%! Start building towards your future today. [Invest your coins now]( [Crypto.com]( Top 5 Gainers And Losers For Today Click [Here]( To Find Out More Today’s Top Stories 📰 Learn more about crypto in CoinMarketCap’s education portal... [Alexandria]( Bitcoin 'Could Fall to $10,000' 💔 Bitcoin is at risk of falling down to $10,000, according to Guggenheim Investments chairman Scott Minerd. Speaking to CNBC, he pointed to how the crypto markets tend to crash by about 70% to 80% after hitting new all-time highs. Such a pattern was seen in 2017 and 2018, when BTC went from $20,000 to just $3,545. [However, not everyone agrees]( Can BTC Cope with El Salvador? 🤯 The Bitcoin network could come under huge strain when El Salvador adopts the cryptocurrency as legal tender, JPMorgan has warned. The bank says daily payment activity in the country would represent 4% of recent on-chain volume. However, Bitcoin's liquidity could be a "significant limitation on its potential as a medium of exchange." [Find out why]( Huge Crypto Mining Farm Found 🚨 A large underground crypto farm has been discovered in Ukraine, where 3,800 PlayStation 4 consoles were being used to mine digital assets. It’s estimated that more than $260,000 of electricity was being stolen every month by the crypto farm. All of this created a risk that local residents could suffer power surges and outages. [What detectives also discovered.]( Nifty's Launches New Marketplace 🔥 A new marketplace has launched that aims to bring crypto collectibles to mainstream audiences. Niftys.com has entered into a partnership with Warner Bros. to create limited-edition NFTs from the upcoming film Space Jam: A New Legacy. Characters from the movie are going to be available in 2D and 3D, with five levels of rarity. Specially For You 😍 Participate In Our Ongoing Events and Stand A Chance To Win USDT Airdrops! How To Swap Tokens? CoinMarketCap users can now actually swap the tokens whose prices they had been admiring (or bewailing). That’s right — CoinMarketCap has launched a token swap feature! 🚀 On every supported network and token, you will be able to connect a supported crypto wallet and swap your tokens right on CoinMarketCap in a safe and secure way. At launch, [Uniswap]( (V1 and V2) will be the first supported DEX for token swaps. P.S. We are giving away USDT Airdrops to a selected group of users, so check out the following events for more information now! 😉 - [Weekly Watchlist Airdrop]( - [Monthly Portfolio Airdrop]( We Aren’t Just Daily News. Take A Look At Our Latest Products: [Watchlist Create multiple watchlists, share them and follow other traders.]( [Portfolio Track your trades in one place, not all over the place.]( [Gainers & Losers️ Which crypto have gained or lost the most in the last 24 hours?]( [Bitcoin Price Prediction Match your wits against other cryptophiles and submit your price predictions for Bitcoin here!]( [Crypto is Hiring Looking to apply your talent building the next great project?]( Thanks for reading! Have a great day — more news tomorrow! [Go to CoinMarketCap.com]( [Facebook]( [Twitter]( [Instagram]( [Telegram]( © 2021 CoinMarketCap [Update Settings]( | [Unsubscribe]( [coinmarketcap.com]( CoinMarketCap OpCo LLC, 8 The Green, STE 6703, Dover, Delaware 19901, United States