BITCOIN DESCENDS AT ITS LOWEST VALUE OF 2018 AFTER ROZING THE $ 6,000 – Technology Business

BITCOIN DESCENDS AT ITS LOWEST VALUE OF 2018 AFTER ROZING THE $ 6,000

The valuation of the market of Criptomonedas remains in decline since the last relative maximum of May 5 last and reached in the night of this Friday the $256 billion, which represents a fall of 12% in the last 24 hours.

In a little less than six weeks the market of Criptomonedas has been devalued 45.4%, whereas, if we consider the historical maximum of the market of $830 billion reached on January 7 of this year, the decrease of the criptomercado in what goes of 2018 is of 69.1%. Despite this, today’s valuation still stands at 5% above the relative minimum of $245 billion on the first of April last.

As for the behavior of the Bitcoin (BTC), which went from $6,737 to $6,006 in the last 24 hours, the loss is 10.8%. However, the Criptomoneda of higher capitalization reached today the lowest value of 2018, which means a loss so far in the year of 65%, considering the maximum of $17,578 reached on 5 January last.

The height of $6,000 is important for bitcoin enthusiasts. This was exceeded on October 31, 2017, when the price of Criptodivisa was in full swing thanks to the announcement that, by mid-December of that year, the sales of Bitcoin futures would begin in CME and CBOE.

Almost eight months later, the bitcoin has remained above that “psychological frontier” of the $6,000, which is key to many market analysts. If the BTC “punctures” that support, the market could become more pessimistic. However, while this note was published, it could be observed that the Bulls (as it is known in the stock exchange to the investors who are looking to sustain an upward trend) entered strongly after the bitcoin grazed the 6,000 dollars, which provoked a small but fast Rise in the price that returned it to the $6,171.

Today the Criptoactivos table of CoinMarketCap shows us only 3 of them in green, among the 100 first according to their market capitalization. Thus, Game.com (GTC) is crowned as the winner of the day and registers 38.81% increase, while QASH fell 20.58% in the last 24 hours and is like the loser of the day.

 

The height of $6,000 is important for bitcoin enthusiasts. This was exceeded on October 31, 2017, when the price of Criptodivisa was in full swing thanks to the announcement that, by mid-December of that year, the sales of Bitcoin futures would begin in CME and CBOE.

Almost eight months later, the bitcoin has remained above that “psychological frontier” of the $6,000, which is key to many market analysts. If the BTC “punctures” that support, the market could become more pessimistic. However, while this note was published, it could be observed that the Bulls (as it is known in the stock exchange to the investors who are looking to sustain an upward trend) entered strongly after the bitcoin grazed the 6,000 dollars, which provoked a small but fast Rise in the price that returned it to the $6,171.

Today the Criptoactivos table of CoinMarketCap shows us only 3 of them in green, among the 100 first according to their market capitalization. Thus, Game.com (GTC) is crowned as the winner of the day and registers 38.81% increase, while QASH fell 20.58% in the last 24 hours and is like the loser of the day.

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