Bitcoin Breaks beneden $ 7K dalen tot 50-Day Low

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De prijs van Bitcoin is weer onder $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, een 15 percent dip within a day.

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

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

Nog steeds, 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 miljard, een 70 percent decline since its 2018 high above $800 billion in early January.

Inderdaad, the top 20 tokens are all showing a 10 naar 20 percent sell-off within the last 24 uur.

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

De leider in blockchain nieuws, CoinDesk is een media-stopcontact dat streeft naar de hoogste journalistieke normen en houdt zich aan een strikte redactionele beleid. CoinDesk is een zelfstandig opererende dochteronderneming van Digital Currency Group, dat belegt in cryptocurrencies en blockchain starters.

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

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