Bitcoin rose and lost $ 1.5,000 according to the US VPI numbers: market observation
Bitcoin rose and lost $ 1.5,000 according to the US VPI numbers: market observation
After days of silence, Bitcoin experienced a roller coaster ride yesterday after the United States announced the CPI data for April.
The old coins felt a similar volatility, but most of them are currently listing slightly in the minus.
pump and dump from BTC
After not managing the $ 30,000 mark on Saturday morning and again pressed down many times down, BTC had a relatively quiet weekend in one direction or the other. The situation changed on Monday and Tuesday when the asset fell to $ 28,000.
It stayed there for about a day, and yesterday was expected with greater volatility because the United States should announce the VPI numbers for April. The actual figures were somewhat lower than expected, which led to an immediate increase in price for Bitcoin, which drove him from $ 27,500 to over $ 28,300
, however, the cryptocurrency crashed by over $ 1,500 shortly afterwards and fell to a 6-week low of less than $ 27,000. The volatile roller coaster ride continued in the following hours, but in the opposite direction.
Currently BTC is where it was yesterday-at around $ 27,500. Its market capitalization is still just over $ 530 billion, while market capitalization is only a few centimeters of 47 %.
Overview of the cryptocurrency market. Quantify crypto
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