The prices of bitcoin and cryptography have dropped sharply, catching up with the actions that plunged the day after the so-called Donald Trump release day that could become a “crisis scenario”.
Donald Trump at the front Cryptoasset & Blockchain of Forbes advisor Where you can “discover blockchain blockbusters ready for 1,000% more earnings!”
The price of Bitcoin dropped less than $ 77,000 per Bitcoin, down more than 10% compared to its summit of almost $ 90,000 last week. Ethereum, XRP, Solana, Dogecoin and other major parts have dropped even more strongly, taking the wip value from the combined cryptography market since January at 1.3 billion of dollars.
Now, while Wall Street is preparing for a change of game from Congress, traders rush to determine if the sudden correction of bitcoin prices could degenerate into a full -fledged market accident.
Register now for free Cryptocurrency–A five-minute daily newsletter for merchants, investors and cryptocurrency will update you and keep you in advance on Bitcoin and the Bull Run Crypto-Marché
Bitcoin and crypto prices followed the stock markets below as merchants are concerned about the impact of … More
“Bitcoin recently lost the key level from $ 79,000 to $ 80,000, which he had managed to hold last month,” said Charlie Sherry, finance and cryptography manager at BTC Markets, in the comments sent by email.
“This level of support had marked the bottom of the beach after the withdrawal of all time.
The drop in the price of Sunday bitcoin was exceeded by 15% of the decreases for Ethereum, XRP, Solana and Dogecoin in the last 24 hours.
“Sometimes the Crypto movements on Sunday tell you what actions will do on Monday. If this is the case on Monday could be ugly,” said Geoffrey Kendrick, manager of the Standard Bank Crypto, in the comments sent by email.
Register now for Cryptocurrency– a free and daily newsletter for the crypto-lecious
The price of bitcoin fell strongly from its January summits, broken down from the price of Ethereum, XRP, … More
Looking further, Sherry calls “a potential change in the position of Trump or the emergency intervention by the federal reserve” as two things that could help the price of bitcoin to retreat more than $ 80,000.
Last week, merchants increased their bets according to which the Fed will be forced to reduce interest rates to avoid an American recession – something that could see the “flooded” dollar market.
