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3 reasons why Bitcoin price suddenly dropping below $13,000 isn’t bearish

October 28, 2020 by DIGIT
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The price of Bitcoin dipped below $13,000 on Wednesday but despite the 7% drop in 11 hours, the market sentiment remains positive for three key reasons.

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Categories Bitcoin, Bitcoin Price, BTC Price
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  • bitcoinBitcoin(BTC)$89,606.00-2.57%
  • ethereumEthereum(ETH)$3,036.10-3.80%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.04-2.12%
  • binancecoinBNB(BNB)$883.29-1.80%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$133.08-3.77%
  • tronTRON(TRX)$0.2869640.11%
  • staked-etherLido Staked Ether(STETH)$3,035.90-3.82%
  • dogecoinDogecoin(DOGE)$0.139529-4.83%
© 2025 DIGIT INFO • Built with GeneratePress
  • bitcoinBitcoin(BTC)$89,606.00-2.57%
  • ethereumEthereum(ETH)$3,036.10-3.80%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.04-2.12%
  • binancecoinBNB(BNB)$883.29-1.80%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$133.08-3.77%
  • tronTRON(TRX)$0.2869640.11%
  • staked-etherLido Staked Ether(STETH)$3,035.90-3.82%
  • dogecoinDogecoin(DOGE)$0.139529-4.83%