Bitcoin prices (BTC) fell below $ 6,000 for the first time since the end of June, reported Tuesday, August 14, as the cryptocurrency community continues to be resilient.
The Cointelegraph and Coin price tracking data are displayed in 24 hours. The top ten currencies are seeing up to 17 percent on the day, with the two main currencies falling as much as 20 percent during the same period.
At the close of this edition, the BTC / USD traded just above the significant barrier of around $ 6,100, putting a cap on weekdays of 14 percent.
The pair has closed the cycle since mid-July, when a sudden rise took over the market to bring prices at an approximate price of $ 8,450 in the main exchanges.
The progress was then invested in a measure that began to win, which means that investors saw the monthly gains to date of only 3 percent.
However, the figures differ in Bitcoin from the heights, and in particular of Ethereum (ETH), in the case that the term is 16 percent in the day and almost 35 percent in the week.
In the last 30 days, the ETH / USD has fallen almost 40 percent.
In social networks, the commentators looked at the effect on the chain that the volatility of Bitcoin prices has traditionally in the heights markets, producing higher movements upwards than downwards in those assets.
As the Bitcoin domain is the percentage of the total capitalization of the crypto market that is Bitcoin, is not the level higher than that of another part of the world? that month.
They affirm that a greater dominion of the market of Bitcoin can give a turn of 180 degrees in the downward trend of the Altcoins.
Others were less safe. In Monday's comments, Xapo's president, Ted Rogers, the current consequences propitious to produce an "extinction level event" for mass cryptocurrencies.
"More than 90% of the CoinMarketCap list will disappear over time, it could happen now," he warned on Monday.
Elsewhere, other major assets have lost between 10 and 15 percent of their value, including Ripple (XRP), Litecoin (LTC), EOS (EOS), and Cardano (ADA).