Bitcoin Drops Below $3.4K to Set a New 2018 Low
Bitcoin, the largest cryptocurrency in the world by market capitalization, once again recorded new 2018 with the sale of a higher encryption market.
Bitcoin (BTC) fell 11.46% to $ 3,500 on December 7, according to data from the World Trade Organization (CTC) and CoinDesk.
Over the past 24 hours, BitCoin's market cap has decreased by $ 4.8 billion for 24 hours and less than $ 14 billion per week. Traders can now move money in dollars and coins.
Therefore, this move continues to represent activity that resulted in a loss of $ 6,000, which Bitcoin violated about a month ago. This is largely a reflection of the cryptocurrency market.
According to CoinDesk data, Bitcoin eliminated the largest portion of the increase in bull production in October, November and December in 2017, and decreased to 84.28% from a record high of $ 19,781.
In addition, bit coins decreased by 64% each, continuously dropping from the low peak.
cryptocurrency is not the only major network suffering between Ethereum's ether cryptocurrency, Stellar's XLM tokens and bitcoin cash between 11-15% each, and sooner or later it is a technical sign of fraud.
The total market capitalization of all cryptocurrencies also fell sharply, wiping $ 115 billion to $ 101.6 billion, as opposed to $ 811 billion on January 8, with CoinMarketCap data emerging.
Disclosure: The author holds the USDT in writing.
Bitcoin Image via Shutterstock
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