Cryptheory – Just Crypto

Cryptocurrencies are our life! Get an Overview of Market News

Crypto markets overview 3.8. | Bitcoin lost $ 1,000

2 min read

Welcome to our crypto markets overview today.

The weekend drop in Bitcoin was also reflected in the Ethereum value. We are currently losing $ 11,000 and Ethereum has already lost $ 400.

Crypto market overview 3.8. |
image source: shutterstock

overview of terms

Yesterday, we reached a marketcap value of USD 333 billion USD( -1 billion / 24 hours). This week we are recording a low of USD 271 billion and a high of USD 334 billion. Bitcoin had low at $ 9,900 over the same period. We are currently worth $ 11,080 for one BTC coin. Bitcoin dominance is declining (1D.) And is now at 61.4 percent.

Overview of coins from top capitalization yesterday:

Bitcoin

 

Bitcoin (BTC) $11 069,48 USD (-4,37%)

 

Ethereum

 

Ethereum (ETH) $362,61 USD (2,12%)

The best growth yesterday was:

HedgeTrade

 

HedgeTrade (HEDG) $1,97 USD (33,65%)

 

Bancor

 

Bancor (BNT) $1,83 USD (10,45%)

 

Loopring

 

Loopring (LRC) $0,111858 USD (7,72%)

 

Chainlink

 

Chainlink (LINK) $8,22 USD (6,83%)

 

XRP

 

XRP (XRP) $0,281629 USD (5,76%)

The biggest drop was recorded:

The Midas Touch Gold

 

The Midas Touch Gold (TMTG) $0,029168 USD (-13,22%)

 

iExec RLC

 

iExec RLC (RLC) $1,09 USD (-8,34%)

 

MonaCoin

 

MonaCoin (MONA) $1,88 USD (-7,86%)

 

 All data is provided from coinmarketcap.com

World markets overview yeterday

SP500: 0,77 %. NASDAQ: 1,78 %. GOLD: 0,97 %. DOW J.: 0,44 %

[BTC / USD] In 2020 to present value: 60%

A drop of almost $ 1,000. Yesterday, we moved from $ 12,000 to the current $ 11,100 and the slump erased much of the altcoin gains. Currently, BTC will fight to keep $ 11,000. No one expected us to break $ 12,000 on the first try. As we can see from the chart, there is strong resistance and it will take investors some week.

The nearest value (if we didn’t keep $ 11,000) is $ 10,600. Resistance remains at the same level again – ie 12,000 USD. We should continue to grow Bitcoin in the coming days, but it should be noted that the growth from 9,000 to 12,000 USD came very quickly and a slight decline was expected to just 12,000 USD.

Crypto markets overview 3.8. | Bitcoin lost $ 1,000

[ETH / USD] In 2020 to present value: 192%

With its growth to $ 11,500, BTC first set off an avalanche of enthusiasm, which it silenced on Sunday with a drop of $ 1,000. The price of Bitcoin fell by almost $ 1,000 from Saturday to Sunday – from $ 12,000 to the current $ 11,100. Ethereum also responded with a slump, failing to keep this year’s high at $ 416 and currently fighting to hold $ 370. The nearest support is at $ 335, but we don’t have to fail there at all, a lot will depend on Bitcoin to keep $ 11,000. If so, Ethereum could hold $ 360 and fire again at over $ 400.

eth

Thank you for your time and reading our today´s crypto markets overview.

All content in this article is for informational purposes only and in no way serves as investment advice. Investing in cryptocurrencies, commodities and stocks is very risky and can lead to capital losses.

Leave a Reply

Your email address will not be published. Required fields are marked *