Bitcoin Breaks under $ 7K til Fall til 50-dages Low

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Prisen på Bitcoin er tilbage under $7,000 and trading at its lowest price since Feb. 7.

According to CoinDesk’s Bitcoin Price Index, the world’s largest cryptocurrency is changing hands at $6,700, a move that follows its steady decline from around $8,000 since the start of the Mar. 29 trading session, -en 15 percent dip within a day.

stepping tilbage, that price puts bitcoin at a 51-day low, ned 42 percent from its recent high at $11,660 on Mar. 5, og 60 percent from its 2018 high of $17,144 observed on Jan. 7.

Imidlertid, det 2018 low of bitcoin still remains at $5,947 on Feb. 6, according to CoinDesk’s data.

stadig, bitcoin’s drop also follows a broader market decline.

Data from CoinMarketCap shows the market capitalization of all cryptocurrencies is now at a three-month low of $256 milliard, -en 70 percent decline since its 2018 high above $800 billion in early January.

Ja, the top 20 tokens are all showing a 10 til 20 percent sell-off within the last 24 timer.

As reported before, the second to fourth largest cryptocurrencies by volume – ethereum, ripple and bitcoin cashhave all hit 2018 low. Earlier in today’s trading session, the price of ethereum also broke below $400, the first time since November last year.

Image via Shutterstock

Lederen i blockchain nyheder, CoinDesk er en medie, der stræber efter de højeste journalistiske standarder og overholder en streng sæt redaktionelle politikker. CoinDesk er en uafhængig drift datterselskab af Digital Valuta Group, der investerer i cryptocurrencies og blockchain opstarter.

https://www.coindesk.com/bitcoin-breaks-7000-to-50-day-low-amid-market-sell-off/

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