english german arabic turkish

CRYPTOCURRENCY - Bitcoin falls to $33,000 level

The price of Bitcoin dropped to over 33,000 dollars level on Wednesday, following the cryptocurrency's impressive rally in the preceding weeks.

NEWS IN ENGLISH 13.01.2021, 08:29
13
CRYPTOCURRENCY - Bitcoin falls to $33,000 level
banner24


The profit-taking comes after Bitcoin reached above 41,946.74 dollars for a new all-time high which also saw the market cap for cryptocurrencies hit over 1.0 trillion dollars for the first time ever. Bitcoin fell by 4.09 percent to sell for 33,250.79 dollars, up 1.46 percent on a weekly basis. 


Bitcoin fell extremely hard over the weekend and into Monday after reaching 41,946 dollars last week. The cryptocurrency fell from those aforementioned highs to $30,000 in a massive flush lower on Monday, liquidating billions worth of positions.


The drop in the market was based on macro trends, some have indicated.


Bitcoin’s drop on Monday coincided with weakness in the strength of foreign currencies, which had trended higher against the U.S. dollar over the past few months. The U.S. dollar index bounced around 0.7 percent, which is a large move for a market worth trillions.


Bitcoin’s recovery over the past few hours has also coincided with a drop in the U.S. dollar index. Many analysts say it is now important to watch where this index goes next to determine the overall direction of the crypto market.


One analyst shared the charts below just recently, noting that Bitcoin’s next move is likely to be determined by the U.S. dollar, according to Bitcoinist. (Table)
 

Yorumlar (0)
banner28
32
açık
Günün Anketi Tümü
Z kuşağı yanıtlıyor: Türkiye'de Kurulacak olan 67. hükümette, Cumhurbaşkanlığı koltuğuna ve iktidara kim geçmelidir?
Z kuşağı yanıtlıyor: Türkiye'de Kurulacak olan 67. hükümette, Cumhurbaşkanlığı koltuğuna ve iktidara kim geçmelidir?
Puan Durumu
Takımlar O P
1. Adana Demirspor 0 0
2. Alanyaspor 0 0
3. Altay 0 0
4. Antalyaspor 0 0
5. Beşiktaş 0 0
6. Karagümrük 0 0
7. Fenerbahçe 0 0
8. Galatasaray 0 0
9. Gaziantep FK 0 0
10. Giresunspor 0 0
11. Göztepe 0 0
12. Hatayspor 0 0
13. Başakşehir 0 0
14. Kasımpaşa 0 0
15. Kayserispor 0 0
16. Konyaspor 0 0
17. Rizespor 0 0
18. Sivasspor 0 0
19. Trabzonspor 0 0
20. Malatyaspor 0 0
Takımlar O P
1. Adanaspor 0 0
2. Altınordu 0 0
3. Ankara Keçiörengücü 0 0
4. Ankaragücü 0 0
5. Erzurumspor 0 0
6. Balıkesirspor 0 0
7. Bandırmaspor 0 0
8. Boluspor 0 0
9. Bursaspor 0 0
10. Denizlispor 0 0
11. Eyüpspor 0 0
12. Gençlerbirliği 0 0
13. Kocaelispor 0 0
14. Manisa FK 0 0
15. Menemenspor 0 0
16. Samsunspor 0 0
17. Tuzlaspor 0 0
18. Ümraniye 0 0
19. İstanbulspor 0 0
Takımlar O P
1. Arsenal 0 0
2. Aston Villa 0 0
3. Brentford 0 0
4. Brighton 0 0
5. Burnley 0 0
6. Chelsea 0 0
7. Crystal Palace 0 0
8. Everton 0 0
9. Leeds United 0 0
10. Leicester City 0 0
11. Liverpool 0 0
12. Man City 0 0
13. M. United 0 0
14. Newcastle 0 0
15. Norwich City 0 0
16. Southampton 0 0
17. Tottenham 0 0
18. Watford 0 0
19. West Ham 0 0
20. Wolverhampton 0 0
Takımlar O P
1. Deportivo Alaves 0 0
2. Athletic Bilbao 0 0
3. Atletico Madrid 0 0
4. Barcelona 0 0
5. Cádiz 0 0
6. Celta de Vigo 0 0
7. Elche 0 0
8. Espanyol 0 0
9. Getafe 0 0
10. Granada 0 0
11. Levante 0 0
12. Mallorca 0 0
13. Osasuna 0 0
14. Rayo Vallecano 0 0
15. Real Betis 0 0
16. Real Madrid 0 0
17. Real Sociedad 0 0
18. Sevilla 0 0
19. Valencia 0 0
20. Villarreal 0 0
banner30