Bitcoin has fallen to $ 60,000 and has lost $ 7,000 since the ATH (Market Watch) on Tuesday
Bitcoin has fallen to $ 60,000 and has lost $ 7,000 since the ATH (Market Watch) on Tuesday
After the BTC has increased higher in the past few days, it corrected hard in the last 24 hours and even fell under $ 60,000 for a short time. Most of the old coins followed this example, and the entire market capitalization has lost more than $ 150 billion since its high at the beginning of this week.
Bitcoin lost $ 7000 in days
The main focus in the cryptocurrency area was last week or so on the very first Bitcoin Futures etf live in the USA on Tuesday. The euphoria for such a long -awaited product led to a massive increase in price for the digital asset, which broke through his ATH in April and mapped a day later a new one for 67,000 US dollars.
However, it couldn't stay there and the bears began to gradually push it south. How reported Yesterday BTC fell to $ 63,000, but the correction was far from over.
In the last 24 hours, cryptocurrency has continued to lose value. This time it fell to almost $ 60,000. As such, this meant that BTC had dropped by more than $ 7,000 within a few days.
Up until now it has bounced and some soil has turned out. Nevertheless, it still fell by 4% during the day and its market capitalization is less than $ 1.150 trillion.
Alts see also red
The alternative coins followed their leader south. A few days ago, Ethereum was about to break his own ATH at almost $ 4,400, but failed and fell to $ 3,900 yesterday. The ETH is currently just over $ 4,000, but has still dropped by 3% in one day.
Solana was only a few centimeters away from reaching a new all -time high. Now, however, Sol is traded at $ 200. Binance Coin, Cardano, Ripple, Polkadot and Terra also write red.
low profits are from Dogecoin, Avalanche and Chainlink. Further increases come from Huobi token (11%), Fantom (11%), curve-dao-token (10%), harmony (9%), and OKB (7.5%).
In contrast, OMG Network, Flow, The Graph, Sushiswap, Stacks and Icon lost the most in one day.
The market capitalization of cryptocurrency has dropped to $ 2.530 trillion, which means that it has lost 150 billion US dollar since the high.
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