Monday , May 17 2021

Bitcoin falls below $ 3,600, while the main cryptocurts record moderate losses

Sunday, January 13: All 20 major crypto currencies account for a slight to moderate loss in 24 hours at the end of this release. Bitcoin's price (BTC) fell below $ 3,600, according to Coin360.Market Visualization from Coin360

Market View Coin360

At the end of this release, Bitcoin dropped by more than 2% a day, trading at around $ 3,568. If you look at a weekly chart, the current price is lower than the maximum in the week of USD4,109 – registered on January 8, and is also less than USD 3,869, which is the value of the bit last Sunday.

Bitcoin 7-day chart price

Bitcoin price chart for 7 days. Source: CoinMarketCap

Ripple (XRP) dropped nearly 2% a day, trading around $ 0.323 at the end of this release. On a weekly chart, the current price is less than $ 0.357; the price at which the XRP started a week, and significantly lower than $ 0.380, the maximum reached in the middle of the week on January 2nd.

Ripple 7-day ticket price

7-day price for Ripple. Source: CoinMarketCap

Ethereum (ETH) recorded a drop in value by more than 6% in the last 24 hours. At the end of this release, the ETH is traded around $ 118 after the start date of $ 127. On a weekly chart, the current value of Ethereum is considerably lower than $ 153, the price at which the currency started a week.

Ethereum 7-day chart

7-Day Card for Ethereum. Source: CoinMarketCap

Among the 20 major crypto currencies, those experiencing the most significant losses were Tron, which dropped by more than 9%, and Bitcoin SV, which dropped by almost 8%.

Combined market capitalization of all crosswords – currently equivalent to $ 119,600 million – is lower than $ 132,300 million, which is reported a week ago. The present value is also significantly lower than the maximum of $ 138.7 billion in the week that was recorded on January 6th.

Total Crypto Market Cap 7-Day Card

Graph of total market crypto capitalization in 7 days. source: CoinMarketCap

As Cointelegraph recently reported, Google (Alphabet Inc.) placed a blacklist of keywords that Ethereum (ETH) mentions on its Google Ad Platform.

Also this week, the analyst recently said that the number of active Bitcoin wallets, many of which were inactive for a long time, experienced a jump that could announce big market moves.

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