A Bitcoin hat hónapos mélypontja felé süllyed, eléri a 39,000 XNUMX dollárt: Elemzés

Bitcoin sinks towards six-month low as it reached $39,000, a level not seen since August 2021 as we are reading more today in our legfrissebb Bitcoin-hírek.

Things were looking great for Bitcoin as the week came to an end but the price then came crashing back down. After posting some modest gainst to reach back above $43,000, the price of BTC dropped back below $40,000 and it didn’t stop until it reached $38,592 according to CoinmarketCap which is the lowest point since August 2021. The recent 11% drop is unique to Bitcoin. Ethereum is in the middle of the 8% decline in the past 24 hours while Binance Coin said goodbye to the 10% of the value and Cardano 9%-os veszteséget ért el.

No tokens and coins in the top 20 by market cap posted a weekly gain as most have double-digit losses. The total crypto market cap now stands at $1.83 trillion compared to the $2.93 trillion and in the last day, it is down by more than 7%.  Things are getting bad all over with the equities markets having a rough start to the year thanks to the combination of high inflation and the COVID-linked supply shortages as well as the impending interest rate hikes. The Dow Jones Industrial Average was also down by 0.9%  trading to put its year-to-date losses at 4.5%.

The tech-heavy NASDAQ is doing much worse. After losing 1.3% on Thursday it is down by 10%. the US stock markets have the advantage of closing this weekend and as crypto enthusiasts say, BTC never sleeps but is taking a break from the January beating. Bitcoin sinks towards the six-month low and it looks like it is going to swing for a while here.

As recently reported, Bitcoin traded in a tight range this past week which provided a relief to the market participants after the volatile start of the year and the crypto was mostly flat over the past 24 hours and up about 3% over the past week compared to the 5% gain in ETH. Some traders and analysts remained careful despite the recent price bounce off $40,000 earlier this week. Many crypto market analysts think the bottom is in for BTC and ETH after their terrible start to the new year. BTC increased by 6% from this time a week ago and ETH is up by 10% since then. It has been the case, however, that the altcoins are doing much better in this new year. Not too long ago, it was rare to see a lot of projects surge while BTC and ETH remain stagnant.

Source: https://www.dcforecasts.com/bitcoin-news/bitcoin-sinks-towards-six-month-low-reaching-39000-analysis/