CRYPTOCURRENCY - Bitcoin returns back to $35.000 level

The price of Bitcoin fell to 35,000 dollars level on early Wednesday, following the cryptocurrency's impressive rally in the preceding weeks, with touching 41,946.74 records high in the first week of the year.

NEWS IN ENGLISH 20.01.2021, 08:41

CRYPTOCURRENCY - Bitcoin returns back to $35.000 level

Bitcoin decreased by 3.37 percent in the last 24 hours to 35,297.93 dollars, while the weekly gain of the unit was calculated at 4.61 percent. Bitcoin's total market volume also decreased by about 21 billion dollars, from 679 billion dollars to 658 billion dollars.

The total market capitalisation in the crypto currency markets has again exceeded the 1.0 trillion-dollar level on Tuesday. With increasing corporate purchases, the total market capitalisation, which exceeded the 1.0 trillion dollar limit for the first time in history on January 7, stood over the limit of 1 trillion 8.15 billion dollars again in the first hours of the new day.

Some chief financial officers (CFOs) are rethinking investing their reserve funds in Bitcoin (BTC) following the recent 30 percent price correction

Wall Street CFOs are becoming wary of investing company funds into Bitcoin following the cryptocurrency’s massive price correction last week. As per a Bloomberg report, some CFOs don’t want to risk it despite the cryptocurrency’s excellent performance in recent months.

The crypto market has seen an influx of institutional investors in recent months. Publicly listed companies like Square, MicroStrategy, MassMutual, and Ruffers pumped billions of dollars of company cash reserve in Bitcoin last year. Reportedly, other firms are thinking of making the same move while those with BTC holdings are mulling over increasing their market positions.

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Takımlar	O	P
1. Galatasaray	33	90
2. Fenerbahçe	33	86
3. Trabzonspor	33	55
4. Beşiktaş	33	51
5. Başakşehir	33	49
6. Rizespor	33	48
7. Kasımpasa	33	46
8. Antalyaspor	33	45
9. Alanyaspor	33	45
10. Sivasspor	33	45
11. A.Demirspor	33	41
12. Samsunspor	33	39
13. Ankaragücü	33	37
14. Kayserispor	33	37
15. Konyaspor	33	36
16. Gaziantep FK	33	34
17. Hatayspor	33	33
18. Karagümrük	33	33
19. Pendikspor	33	30
20. İstanbulspor	33	16

Takımlar	O	P
1. Eyüpspor	31	69
2. Göztepe	31	63
3. Ahlatçı Çorum FK	31	55
4. Sakaryaspor	31	54
5. Bodrumspor	31	52
6. Kocaelispor	31	52
7. Bandırmaspor	31	47
8. Boluspor	31	47
9. Gençlerbirliği	31	47
10. Erzurumspor	31	42
11. Ümraniye	31	37
12. Manisa FK	31	36
13. Keçiörengücü	31	36
14. Şanlıurfaspor	31	34
15. Tuzlaspor	31	33
16. Adanaspor	31	32
17. Altay	31	15
18. Giresunspor	31	7

Takımlar	O	P
1. Arsenal	34	77
2. Liverpool	34	74
3. M.City	32	73
4. Aston Villa	34	66
5. Tottenham	32	60
6. M. United	33	53
7. Newcastle	33	50
8. West Ham United	34	48
9. Chelsea	32	47
10. Bournemouth	34	45
11. Brighton	32	44
12. Wolves	34	43
13. Fulham	34	42
14. Crystal Palace	34	39
15. Brentford	34	35
16. Everton	34	33
17. Nottingham Forest	34	26
18. Luton Town	34	25
19. Burnley	34	23
20. Sheffield United	34	16

Takımlar	O	P
1. Real Madrid	32	81
2. Barcelona	32	70
3. Girona	32	68
4. Atletico Madrid	32	61
5. Athletic Bilbao	32	58
6. Real Sociedad	32	51
7. Real Betis	32	48
8. Valencia	32	47
9. Villarreal	32	42
10. Getafe	32	40
11. Osasuna	32	39
12. Sevilla	32	37
13. Las Palmas	32	38
14. Deportivo Alaves	32	35
15. Rayo Vallecano	32	34
16. Mallorca	32	31
17. Celta Vigo	32	31
18. Cadiz	32	25
19. Granada	32	18
20. Almeria	32	14