BITCOIN 1/8: Bad news in early August

in bitcoin •  6 years ago 

Bitcoin drops more than $500, back to the period of $7500.

The CoinDesk chart shows that Bitcoin has not been able to hold the $8000 mark, which has continued to weaken and fall into the $7000 range. This currency broke the small uptrend line, which caused the possibility of a higher decline and a weak recovery.

According to the latest update, Bitcoin prices are down more than 5% from the previous 24 hours, stopped at $7500, the lowest price of the last 7 days. However, in the past 2 months, this is still acceptable.

The drop in market capitalization was about $ 129 billion and market share in the cryptocurrency was at 48%. Trading volume did not move sideways at a low level of $ 5.4 billion.

The cryptocurrency market is almost flooded in the red over the last few hours and as the end of the chart, the high rate of decline appears more and more.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Btc going up right now..hope for a better treand

Yeah! I hope so.