Oracle
Bitcoin's price fell below $5,000 USD during the March 2020 market crash. Answer true or false.
Answer
true
- price
- Reported Bitcoin market price in USD during the March 2020 crash; a reported BTC/USD price below $5,000 satisfies the statement.
- sources
- www.cftc.gov, api.exchange.coinbase.com, cftc tac presentation, btc and stock volatility (july 16, 2020), https://www.cftc.gov/media/4246/tac071620_btcstockvolatility/download, cftc, btc and stock volatility (july 16, 2020), https://www.cftc.gov/media/4246/tac071620_btcstockvolatility/download, coinbase btc-usd historical daily ohlc data shows btc traded as low as approximately $3,850 on march 13, 2020 (black thursday); widely corroborated by coindesk and coinmarketcap historical price records for the same date., coindesk and coinbase historical btc/usd price records show bitcoin dropped to approximately $3,850 on march 12-13, 2020 during the 'black thursday' crash, falling well below $5,000, coindesk, 'bitcoin falls below $5k as market pain deepens' (https://www.coindesk.com/markets/2020/03/13/bitcoin-falls-below-5k-as-market-pain-deepens); cftc, 'btc and stock volatility' (https://www.cftc.gov/media/4246/tac071620_btcstockvolatility/download), coindesk, bitcoin falls below $5k as market pain deepens (https://www.coindesk.com/markets/2020/03/13/bitcoin-falls-below-5k-as-market-pain-deepens); yahoo finance, bitcoin usd historical prices (https://finance.yahoo.com/quote/btc-usd/history/?filter=history&frequency=1d&interval=1d&period1=1454716800&period2=1586131200), coindesk, bitcoin falls below $5k as market pain deepens (mar. 12, 2020), https://www.coindesk.com/markets/2020/03/13/bitcoin-falls-below-5k-as-market-pain-deepens; cftc tac presentation, btc and stock volatility, p. 6 (july 16, 2020), https://www.cftc.gov/media/4246/tac071620_btcstockvolatility/download, coindesk, bitcoin falls below $5k as market pain deepens (march 13, 2020), https://www.coindesk.com/markets/2020/03/13/bitcoin-falls-below-5k-as-market-pain-deepens; reuters, bitcoin slumps to lowest in a year as volatility grips (march 13, 2020), https://economictimes.indiatimes.com/markets/stocks/news/bitcoin-slumps-to-lowest-in-a-year-as-volatility-grips/articleshow/74610419.cms (reports overnight trading around $3,850)., coindesk, ‘bitcoin falls below $5k as market pain deepens,’ published march 12, 2020, updated march 13, 2020: https://www.coindesk.com/markets/2020/03/13/bitcoin-falls-below-5k-as-market-pain-deepens, coindesk, ‘bitcoin falls below $5k as market pain deepens,’ published march 12, 2020: https://www.coindesk.com/markets/2020/03/13/bitcoin-falls-below-5k-as-market-pain-deepens, coindesk, ‘bitcoin falls below $5k as market pain deepens’ (march 12, 2020): https://www.coindesk.com/markets/2020/03/13/bitcoin-falls-below-5k-as-market-pain-deepens, coinmarketcap.com, decrypt, 'the silent attack that made bitcoin fall below $5,000' (published march 17, 2020), https://decrypt.co/22674, economictimes.indiatimes.com, en.wikipedia.org, files.coinmarketcap.com, finance.yahoo.com, forbes, bitcoin lost roughly 50% of its value in a day (mar 12, 2020), https://www.forbes.com/sites/cbovaird/2020/03/12/bitcoin-lost-roughly-50-of-its-value-in-a-day/; reuters, bitcoin slumps to lowest in a year as volatility grips (mar 13, 2020), https://www.yahoo.com/news/bitcoin-slumps-lowest-volatility-grips-085634082.html, historical btc/usd price data (coinmarketcap/coingecko historical charts and widely reported financial press, e.g. reuters/coindesk coverage of the march 12-13, 2020 'black thursday' crash) shows bitcoin's price fell to approximately $3,850-$4,000 usd on bitstamp/coinbase on march 12-13, 2020, which is below the $5,000 threshold., historical btc/usd price records (e.g. coinmarketcap, coinbase historical candles) show bitcoin trading as low as approximately $3,850-$4,000 on march 12-13, 2020 ('black thursday'), well below $5,000., historical record of the march 12-13, 2020 'black thursday' crash: bitcoin fell from roughly $7,900 to an intraday low near $3,800-$4,000 on major exchanges (e.g., coinmarketcap/coingecko historical btc/usd data for 2020-03-12/13), which is below $5,000 usd., historical record: bitcoin fell to approximately $3,800-$4,100 usd on major exchanges (coinbase, bitstamp) on march 12-13, 2020, during the covid-19 market crash ('black thursday'), confirmed below $5,000 by widely reported price history (e.g. coinmarketcap/coingecko historical data for btc-usd)., multiple contemporaneous march 2020 news reports (decrypt, cointelegraph, bitcoin.com, fxstreet) report bitcoin's intraday low on march 12-13, 2020 (black thursday) fell to roughly $3,600-$4,100 on major exchanges such as bitstamp, well below $5,000 usd., widely documented across financial and crypto news coverage (e.g. coindesk, reuters) that bitcoin's price dropped to roughly $3,800-$3,900 on major exchanges (e.g. bitfinex, binance) on march 12-13, 2020, during the covid-19 market crash ("black thursday"), well below $5,000., widely documented historical fact: bitcoin's price fell from roughly $7,900 on march 11, 2020 to an intraday low of approximately $3,850 on march 12-13, 2020 ('black thursday'), as reported by coinbase/bitstamp price history and covered extensively by outlets such as coindesk and reuters. this is well below the $5,000 threshold in the question., widely documented historical fact: bitcoin's price fell to approximately $3,850-$3,900 on bitstamp/major exchanges on march 12-13, 2020 during the covid-19 market crash ("black thursday"), confirmed by coindesk and coinmarketcap historical price records., widely documented historical fact: bitcoin's price fell to approximately $3,850-$3,900 on major exchanges (e.g. coinbase, binance) on march 12-13, 2020 during the covid-19 market crash, well below $5,000., widely documented historical fact: bitcoin's price fell to approximately $3,850-$4,000 usd on major exchanges on march 12-13, 2020 ('black thursday'), during the covid-19-driven market crash, confirming it fell below $5,000., widely documented historical fact: on march 12-13, 2020 ("black thursday"), bitcoin's price crashed from around $7,900 to an intraday low of approximately $3,850-$3,900 usd on major exchanges amid the broader covid-19 market selloff, well below the $5,000 threshold., widely documented historical fact: on march 12-13, 2020 ('black thursday'), bitcoin's price fell from roughly $7,900 to a low near $3,850-$3,950 on major exchanges (e.g., coinbase, bitstamp), well below $5,000, as reported by outlets including coindesk and reuters covering the covid-19 market crash., widely documented historical fact: on march 12-13, 2020 ('black thursday'), bitcoin's price fell from roughly $7,900 to an intraday low near $3,850-$3,950 on major exchanges (e.g., coinbase, binance), as reported by outlets including coindesk and bloomberg covering the covid-19 market crash. this is below the $5,000 threshold., widely documented historical fact: on march 12-13, 2020 ('black thursday'), bitcoin's price fell from roughly $7,900 to an intraday low near $3,850-$4,000 on major usd exchanges (e.g. coinbase, bitstamp), as reported by outlets including coindesk, reuters, and investopedia. this is below the $5,000 threshold., widely documented historical fact: on march 12-13, 2020, bitcoin's price crashed from around $7,900 to a low near $3,850-$4,900 on major spot exchanges, falling well below $5,000 (bitmex futures briefly printed ~$3,600 intraday due to a liquidation cascade)., widely documented historical fact: on march 12-13, 2020, bitcoin's price crashed from roughly $7,900 to an intraday low near $3,850-$3,950 on major exchanges (e.g., coinbase, bitstamp), well below $5,000, during the broad market selloff triggered by covid-19 pandemic fears., widely documented historical market data: bitcoin's price fell to an intraday low of approximately $3,850 on binance (and as low as ~$3,600-3,800 on other exchanges such as bitmex) on march 12-13, 2020, during the 'black thursday' crash triggered by covid-19 market panic. this is confirmed by numerous contemporaneous and retrospective financial news sources (e.g. coindesk, reuters coverage of the march 2020 crypto market crash)., widely documented historical market data: during the 'black thursday' crash on march 12-13, 2020, bitcoin's price fell to roughly $3,850-$3,900 on major exchanges (e.g. coinbase, bitstamp), well below $5,000. reported by multiple financial news outlets including coindesk and reuters coverage of the march 2020 crash., widely documented historical record of the 'black thursday' crash of march 12-13, 2020: bitcoin's price fell from roughly $7,900 to an intraday low near $3,850-$3,950 on major exchanges (e.g. coinbase, bitstamp) on march 12-13, 2020, as reported by coindesk and coinmarketcap historical price data., widely documented historical record: on march 12-13, 2020 ('black thursday'), bitcoin's price fell from around $7,900 to approximately $3,850 on major exchanges such as coinbase and bitstamp, confirmed by contemporaneous reporting (e.g. coindesk, reuters) and historical price charts. this is well below $5,000 usd., widely reported historical fact: bitcoin's price dropped to approximately $3,850-$3,900 on major exchanges (e.g. coinbase, bitstamp) during the 'black thursday' crash of march 12-13, 2020, falling well below $5,000 usd., widely reported historical fact: bitcoin's price fell to an intraday low of approximately $3,850-$3,867 (bitstamp/coinbase) on march 12-13, 2020 during the covid-19 market crash, confirmed by coinmarketcap/coingecko historical price data and contemporaneous financial press coverage (e.g. coindesk, reuters). this is below $5,000, so the statement is true., widely reported historical fact: bitcoin's price fell to approximately $3,850 (on some exchanges, briefly near $3,600) on march 12-13, 2020 during the 'black thursday' crash, well below $5,000. reported by coindesk, reuters, and other financial news outlets covering the march 2020 covid-19 market crash., widely reported historical fact: on march 12-13, 2020 ('black thursday'), bitcoin's price fell to approximately $3,850-$4,000 usd on major exchanges amid the broader covid-19 market crash, confirmed by numerous contemporaneous financial news sources (e.g. coindesk, reuters) and historical price charts from exchanges such as coinbase and bitstamp., widely reported historical record: bitcoin fell to roughly $3,850-$3,900 usd on march 12-13, 2020 during the covid-19 market crash ('black thursday'), as documented by coindesk and other financial news outlets covering btc/usd price history., www.bloomberg.com, www.coinbase.com, www.coindesk.com, www.forbes.com, www.sfox.com, www.statmuse.com, www.yahoo.com
Work
- Pinnedblocks 26,149,969 to 26,150,267 to on Ethereum mainnet
- Answered145 of 145 agreed140 needed#1381truefrom www.cftc.gov#1401trueWidely documented historical fact: on March 12-13, 2020 ("Black Thursday"), Bitcoin's price crashed from around $7,900 to an intraday low of approximately $3,850-$3,900 USD on major exchanges amid the broader COVID-19 market selloff, well below the $5,000 threshold.#1967truefrom www.coindesk.com#1119truefrom www.cftc.gov#1129truefrom www.coindesk.com
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