Friday , June 24 2022

Bitcoin is about to have its worst week since January



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2018 Crypto Big Crisis Of Coins He's heading for the worst week of the week.

Bitcoin was sinking four thousand dollars, and most other crypto coins collapsed this Friday, Bloomberg Galaxy Crypto Index 25 percent. The cryptomania peaked at the beginning of January is the worst five-day condition.

After a saga rally Over the past year, the crypto currencies, which have left behind most of the most notorious bubbles in history, suffered a decrease of about $ 700 billion, showing few diminishing signs.

Many of the fears that led to the collapse of 2018 – such as increased regulatory scrutiny, disagreements in the digital currency community and market chaos – were concentrated only this week.

Stephen Innes, despite losses over 70 percent for most virtual currencies At that momentit has not yet seen evidence of absorption that could point to a market fund.

"There are still a lot of people in this game," said Asia's Oanda chief negotiator, Inans, via phone from Singapore.

If Bitcoin "crashes, we start to see the sales wave towards $ 3,000, it will be a monster, investors will run out."

In the short term, Innes announced that it was a bitcoin offer in the short term between 3,500 and 6,500 dollars and could fall to $ 2,500 in January.

According to Bloomberg composite prices, the largest cryptocurrency fell by 5.12 percent to $ 4,200 in Mexico City as of 11:22.

Like other currencies ether, ripple and litecoin at least 4.8 percent. Market value of all crypto currencies coinmarketcap In January, the market fell to $ 138 billion compared to $ 835 billion.

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