Bitcoin and world markets experienced huge losses yesterday, but in the evening the situation is better and we see more significant growth not only on BTC.
Crypto markets currently has a total market value of 145 billion USD. Since yesterday’s survey, we have seen a decline of 25 billion USD. We did not have such a slump in 2020. The decline from high in 2020 is $ 161 billion and bitcoin dominance is 63.4%.
The best growth yesterday was:
Nothing, any coin in the top 100 is not a plus unless we count stable coins, which should be $ 1. Stable coins grow not only for capitalization, but also for higher onslaught on price and subsequently adjust the algorithm to 1 USD. So much for stable coins.
The biggest drop was recorded:
Blockstack (STX) $0,065546 USD (-29,47%)
Seele (SEELE) $0,047368 USD (-27,93%)
Zilliqa (ZIL) $0,003151 USD (-26,74%)
IOST (IOST) $0,002253 USD (-26,59%)
Nervos Network (CKB) $0,003137 USD (-26,14%)
Algorand (ALGO) $0,133768 USD (-25,99%)
All datas are from coinmarketcap.com
World markets yeterday
Bleeding continue to index, commodities joined. Bitcoin is exactly following again.
SP500: +3,24 % NASDAQ: +3,03 % DOW J.: +3,58 % OIL: +2,88 % GOLD: -3,39 %
DXY +1,26 %
[BTC / USD] In 2020 to present value: -24.3 %
The development is parallel to the world market. This afternoon, the world indexes calmed down, and so do we see Bitcoin, which in the afternoon pulled up by nearly $ 1,500. But it is just a reflection of this new bottom, does not mean a change in trend.
However, the situation in the US is serious and the number of infected with Coronavir is increasing (1000+). China’s shares are slowly calming down, because the situation is already under control, but strict rules still apply. A similar scenario can also be expected in Europe and the US if the situation calms down and stocks and indices stop falling. Of course, this will not mean a turning from downtrend, the economic damage will only add up.
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