March 5, 2021

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Market Overview 14.3.| Bitcoin and world markets fall and grow in one day, is the world going crazy?

2 min read
Market Overview 14.3.| Bitcoin and world markets fall and grow in one day, is the world going crazy?

overview of terms

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.

Nothing

 

The biggest drop was recorded:

Blockstack

 

Blockstack (STX) $0,065546 USD (-29,47%)

 

Seele

 

Seele (SEELE) $0,047368 USD (-27,93%)

 

Zilliqa

 

Zilliqa (ZIL) $0,003151 USD (-26,74%)

 

IOST

 

IOST (IOST) $0,002253 USD (-26,59%)

 

Nervos Network

 

Nervos Network (CKB) $0,003137 USD (-26,14%)

 

Algorand

 

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 %

 

Market Overview 14.3.| Bitcoin and world markets fall and grow in one day, is the world going crazy?

 

Market Overview 14.3.| Bitcoin and world markets fall and grow in one day, is the world going crazy?

 

[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.

 

Market Overview 14.3.| Bitcoin and world markets fall and grow in one day, is the world going crazy?

 

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.

 

 

Current prices

[coinlib-widget type=0 coinid=859 prefcoinid=1505 width=400 dark=0]

 

 

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