Vechain: Is VET Poised To Fall Below $0.020 Next?
VeChain is among the hardest-hit digital asset after Silvergate decided to walk back on providing cryptocurrency services. Nearly $200 million worth of cryptocurrencies were liquidated last week making Bitcoin fall below the $22,000 mark. You can read more details about the Silvergate-induced crash that affected the markets here. VET is down for three consecutive days despite announcing a collaboration with the Boston Consulting Group at The HiVe summit. Also Read: VeChain: When Will VET Reach $1? Source: CoinGecko.com VeChain: Here’s Why VET Might Dip Below $0.020 Source: cryptopolitan.com VET dipped from a high of $0.031 to a low of $0.021 in the last seven trading days. The cryptocurrency had doubled in price since the start of January and is now retracing due to profit bookings and sell-offs. Source: CoinGecko.com The overall cryptocurrency markets remain on the razor’s edge due to various macroeconomic factors affecting its growth. The important fac...