Bitcoin drops $ 3,000 because Binance limits the access of Chinese users
Bitcoin drops $ 3,000 because Binance limits the access of Chinese users
After several consecutive days of price gains, Bitcoin has fallen by more than $ 3,000 in the middle of further negative messages regarding China. Interestingly, the situation with some altcoins is somewhat different - Binance Coin has risen 15% on a new multi -week high of over $ 460.
Bitcoin throws $ 3,000 in one day
The landscape to be the Bitcoin Prize seemed to be very bullish in the last week. The asset jumped over $ 50,000 for the first time since the beginning of September and only increased.
This meant that $ 55,000 was tapped and later on exploded Fast 58,000 US dollar, which has been the highest price level since mid-May. However, he did not succeed in breaking him and remained there yesterday.
The situation changed in the last 24 hours, when the asset fell below $ 54,000, once again shot over $ 56,500 and then fell to $ 54,500 hours ago. The latest price decline was in the middle of reports that the largest Chinese social media - Wechat - had prevented users from searching cryptocurrency exchanges.
Up to now, BTC has recovered and is currently over $ 55,000, but it is still more than 4% lower than during the day, and its market capitalization is less than $ 1.050.
BNB sees a double -digit spike
Most alternative coins have better recorded today's retracement than BTC. Ethereum has lost only 1% value in the last 24 hours and is $ 3,460. Similar price returns are available from Cardano, Ripple, Dogecoin and Luna.
In contrast, Solana, Polkadot, Uniswap, and Avalanche have recorded some growth. Sol has risen by 2%, dot by 4.5%, university by 3.2% and Avax has risen by 5.5% to over 55 USD.
Binance Coin is the strongest gainer in the day comparison. The BNB has risen by 15 % to $ 465, which has been the highest level since the beginning of September.
bnb initially rose after the exchange behind the token announced A 1 billion dollar fund to improve the BSC ecosystem. Binance today that the OTC trade today for Chinese users at the end of the year and traces the coin back before going up again.
stacks (16%), Pancakewap (14%) and perpetual Protocol (10%) have also recorded impressive growth in the last 24 hours. However, the crypto market capitalization lost around $ 70 billion in one day and is well below $ 2.3 trillion.
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