Friday, 29 June 2018

Bitcoin is officially below the strategic $6000 mark

Posted by Anonymous at 16:51 Labels: Crypto

Today at the Asian trading session, the first digital currency bitcoin broke through the strategic level of $6000 and continued to decline. The next supportive level is a mark in the $5600 area.

Over the past 24 hours, the cryptocurrency market has lost more than $10 billion; the total capitalization of the market has dropped to $233 billion. Today Bitcoin capitalization amounted $100 billion, which is 3.42% less than the volume of yesterday's session.

Major cryptocurrencies such as bitcoin, ethereum, ripple, and others, continued to decline and fell from 3% to 5%.

Earlier, a representative of a crypto fund said that the next medium-term rally could be formed on the arrival of new institutional investors in late 2018. Despite the bearish trend, analysts and investors are still optimistic about the future of the crypto market. However, if a move under $6000 level is confirmed this will be a very negative signal for the entire digital market.