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3 Reasons For $11.6K Bitcoin Price Drop and Why It Wasn’t a Surprise

August 19, 2020 by DIGIT
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Bitcoin price rejected at $12,486 but multiple metrics suggest the correction is nothing more than a healthy pullback.

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  • bitcoinBitcoin(BTC)$105,335.00-2.11%
  • ethereumEthereum(ETH)$2,547.70-7.85%
  • tetherTether(USDT)$1.000.03%
  • rippleXRP(XRP)$2.15-4.41%
  • binancecoinBNB(BNB)$653.50-1.64%
  • solanaSolana(SOL)$146.70-8.14%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.176850-6.61%
  • tronTRON(TRX)$0.270391-1.64%
  • staked-etherLido Staked Ether(STETH)$2,547.64-7.77%
  • bitcoinBitcoin(BTC)$105,335.00-2.11%
  • ethereumEthereum(ETH)$2,547.70-7.85%
  • tetherTether(USDT)$1.000.03%
  • rippleXRP(XRP)$2.15-4.41%
  • binancecoinBNB(BNB)$653.50-1.64%
  • solanaSolana(SOL)$146.70-8.14%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.176850-6.61%
  • tronTRON(TRX)$0.270391-1.64%
  • staked-etherLido Staked Ether(STETH)$2,547.64-7.77%
© 2025 DIGIT INFO • Built with GeneratePress
  • bitcoinBitcoin(BTC)$105,335.00-2.11%
  • ethereumEthereum(ETH)$2,547.70-7.85%
  • tetherTether(USDT)$1.000.03%
  • rippleXRP(XRP)$2.15-4.41%
  • binancecoinBNB(BNB)$653.50-1.64%
  • solanaSolana(SOL)$146.70-8.14%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.176850-6.61%
  • tronTRON(TRX)$0.270391-1.64%
  • staked-etherLido Staked Ether(STETH)$2,547.64-7.77%
  • bitcoinBitcoin(BTC)$105,335.00-2.11%
  • ethereumEthereum(ETH)$2,547.70-7.85%
  • tetherTether(USDT)$1.000.03%
  • rippleXRP(XRP)$2.15-4.41%
  • binancecoinBNB(BNB)$653.50-1.64%
  • solanaSolana(SOL)$146.70-8.14%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.176850-6.61%
  • tronTRON(TRX)$0.270391-1.64%
  • staked-etherLido Staked Ether(STETH)$2,547.64-7.77%