📰 Bitcoin's price has hit a new low in 1.5 months!
On August 25, 2023, the price of Bitcoin (BTC) fell to $111,060, marking a new low since July 10. This decline occurred against the backdrop of a correction following a sharp rise to $117,000 during the speech of Federal Reserve Chairman Jerome Powell. Over the course of a day, Bitcoin lost 3%, and over the week — 3.3%.
The market capitalization of the first cryptocurrency reached $2.2 trillion, and its market share reached 58.2%. Meanwhile, Ethereum is also experiencing a correction after hitting an all-time high of $4,953; its current price is around $4.6 thousand.
The cryptocurrency market has a total capitalization of $3.88 trillion, while the decline of almost all altcoins and the liquidation of traders' positions amounting to $722 million underscore the current instability.
Experts predict that in the coming days, the price of Bitcoin may fluctuate in the range of $110,000 — $115,000, and in the event of continued selling, it could drop to $105,000.
#Bitcoin #Cryptocurrencies #Ethereum #CryptoMarket #BTC #ETH #CryptoNews #FederalReserve #Dollar #инвестициидлясмелых $ETH $BTC
On August 25, 2023, the price of Bitcoin (BTC) fell to $111,060, marking a new low since July 10. This decline occurred against the backdrop of a correction following a sharp rise to $117,000 during the speech of Federal Reserve Chairman Jerome Powell. Over the course of a day, Bitcoin lost 3%, and over the week — 3.3%.
The market capitalization of the first cryptocurrency reached $2.2 trillion, and its market share reached 58.2%. Meanwhile, Ethereum is also experiencing a correction after hitting an all-time high of $4,953; its current price is around $4.6 thousand.
The cryptocurrency market has a total capitalization of $3.88 trillion, while the decline of almost all altcoins and the liquidation of traders' positions amounting to $722 million underscore the current instability.
Experts predict that in the coming days, the price of Bitcoin may fluctuate in the range of $110,000 — $115,000, and in the event of continued selling, it could drop to $105,000.
#Bitcoin #Cryptocurrencies #Ethereum #CryptoMarket #BTC #ETH #CryptoNews #FederalReserve #Dollar #инвестициидлясмелых $ETH $BTC