The claim that Elon Musk’s SpaceX company sold Bitcoin, the bankruptcy of a Chinese real estate giant, and fears of rising interest rates were among the theories put forward regarding the strange drop in the price of Bitcoin. On August 18th, at around 00:35, the price of Bitcoin suddenly dropped by over 8% in just 10 minutes, affecting the entire cryptocurrency market and confusing many in the crypto community. The post Theories Behind the Strange Drop in Bitcoin Price: SpaceX’s Sale and the Collapse of a Chinese Real Estate Giant appeared first on COINTURK NEWS.