Cryptocurrency prices are still negative and Bitcoin drops below 40 thousand dollars
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Answer Cryptocurrency prices are still negative and Bitcoin drops below 40 thousand dollars
For the second time this week.
Most altcoins are in red, at least most of them are, but ApeCoin is defying market sentiment and rising by double digits.
Bitcoin loses the level of 40 thousand dollars:
Just a few days ago, Bitcoin jumped to nearly $43,000, which became its highest level in more than ten days.
This was a particularly impressive price because earlier this week, Bitcoin dropped to a monthly low below $39,000.
But Bitcoin was violently rejected at its 10-day peak and reversed almost immediately.
Within hours, the coin found itself dropping to the $40,000 level, where it has remained. The scene worsened further in the following hours, as Bitcoin sank below the target and slumped to around $39,000.
Read:Binance Prepares for New Acquisitions…Details Here
So far, Bitcoin has recovered a few hundred dollars, but it’s still less than $40,000.
As a result, bitcoin’s market cap took another hit, dropping to $756 billion after briefly exceeding $800 billion earlier this week.
Ethereum is under $3,000 and the cryptocurrency ApeCoin is soaring:
The recent performance of the altcoin is very similar to bitcoin, which means that most of it is capped in the red on a daily scale.
Ethereum hit a multi-day high of $3,200 between Wednesday and Thursday but failed to continue rising.
Yesterday, the price of Ethereum dropped to $3000 and has now fallen below that level.
Binance coin managed to stay above $400 despite dropping almost 1.63% on the day.
An alternative cryptocurrency that made the exception is ApeCoin among a few big gainers.
The price of the digital currency “BAYC” is up 17% on a daily scale and is close to its all-time high.
However, the cumulative market capitalization of all crypto assets has fallen by around $50 billion again, with the total market cap hovering between $1.85-$1.90 trillion.
Read:Trading platform “Coinbase” announces 50 digital currencies that it will list for trading soon!
Read also:
The Central Bank of Ukraine bans the purchase of bitcoin using the national currency
The founder of Tron plans to launch a stable digital currency “USDD” on the Tron network
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