Panic selling crushes the entire crypto market, sending Bitcoin's price to $30,000 for the first time since February, but data shows BTC whales bought the dip. PlanB tweets that Bitcoin has not hit the top yet "I do not think $60K was the top, far from it, because I do not see the kind of transactions that normally happen after an ATH (red dots). In fact, I think we are just a couple of months out of the bear market (blue dots). And yes, this on-chain view fits S2F(X)." Ark Investment Management CEO Cathie Wood said in a Bloomberg TV interview that bitcoin will go to $500,000 despite the largest cryptocurrency plunging to a low of almost $30,000 on Wednesday. Ripple has formed a partnership with the National Bank of Egypt (NBE), the North African country’s largest bank. Cryptocurrency sell-off is not a systematic concern for the Fed and does not affect Fed’s policies, two Federal Reserve Bank presidents said Wednesday. “We are all quite aware that crypto can be very volatile,” said the president of the Federal Reserve Bank of St. Louis. PayPal developers will give a talk on Building Bitcoin in JavaScript

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