The bitcoin still plummeting after the bloodbath of criptodivisas
The bitcoin has continued to lose value on Friday, extending losses to down for the sixth consecutive day yesterday since entering bear market territory.
On a day of extreme volatility, typical of most digital currency market capitalization, the bitcoin has plummeted 29.67% or 4,893 USD in US Bitfinex platform at 15:52 hours (CET) to stand at 11534.00 at 15:07 hours (CET). Prices have moved in a range between 11,555 USD and 16,287 USD in the past 24 hours.
The most popular criptodivisa, which operates 24 hours a day, 7 days a week, recorded new highs in this same 19,891.00 USD last Sunday until the time of launch futures on the CME bitcoin.
The bitcoin Thursday officially entered a bear market, which technically is distinguished by a collapse of 20%, and most market experts say that the alternative currency time had already threatening to reverse its course.
Since those highs Sunday, the currency has fallen alternative 42% in the manufacturing of writing. However, the bitcoin still around a 1,100% above the $ 1,000 level it started the year and still has registered a profit of almost 16% in December alone.
Unlike what happened until recently, rival criptodivisas have not benefited from massive sales of this leading currency. Some observers have suggested that investors reap the benefits of the stellar rise of the currency to shelve the year before the Christmas and New Year.
At 15:10 hours (CET), the ethereum, criptodivisa the second largest in terms of market capitalization after bitcoin, plummeted 33.52% to 528.38 USD, but has only fallen around 1.6 % in the whole of the last seven days.
Version bitcoin bitcoin cash has been at the forefront of the decline on Friday, slumping 48.49% to 1.901,70 one USD. Despite the fall, the currency which was the result of a “fork” of the largest digital world currency held on August 1 in a measure designed to process transactions faster at a lower cost-has registered a weekly gains of about 30%.
The -directed banks and global transfers ripple and whose label shows one of the most asequibles- prices fell by 21.29% to 0.7540 USD having surpassed the historical mark $ 1 the previous day. Still, the alternative version “low-cost” bitcoin registered an increase of 20% in the whole of the last seven days.
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