Bitcoin Breaks Below $ 7K nach Fall auf 50-Tages-Low

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Der Preis von Bitcoin ist wieder unter $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, ein 15 percent dip within a day.

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

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

Immer noch, 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 Milliarde, ein 70 percent decline since its 2018 high above $800 billion in early January.

Indeed, the top 20 tokens are all showing a 10 zu 20 percent sell-off within the last 24 Std..

As reported before, the second to fourth largest cryptocurrencies by volumeethereum, 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

Der Führer in blockchain Nachrichten, CoinDesk ist ein Medien-Steckdose, die für die höchsten journalistischen Standards bemüht und hält sich an eine Reihe von strengen redaktionellen Richtlinien. CoinDesk ist eine unabhängige Tochtergesellschaft von Digital Currency Gruppe, die investiert in cryptocurrencies und blockchain Starts.

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

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