The leading cryptocurrency Bitcoin along with the downward price movements recorded over the past 24 hours, the 60.000 dollar fell below the price levels. Ethereum, the second largest crypto asset by market capitalization, also adapted to the general downward trend in the market and declined to the price levels of 4.110 dollars during the day.
The Latest Situation in Bitcoin and Ethereum
Having recorded a high rate of depreciation since November 15 Bitcoin (BTC), continued its depreciation in the last 24 hours. Bitcoin, along with the downward price movements it made after reaching the 66.000 dollar price levels on November 15, soon fell first to the 63.000 dollar price levels and then to the 61.000 dollar price levels. However, the depreciation recorded by the leading crypto currency was not limited to the price levels of $ 61,000. Bitcoin daily closing which is important support level of $ 60,000 had recorded declines on the day after the close of the price levels of $ 60,000 price levels remaining below the price levels of $ 58.500 fell. Bitcoin, which recovered somewhat after the decline and rose to the price levels of $ 59,800, has not yet been able to rise above the critically important $ 60,000 price levels.
With the general decline in the market, the weekly depreciation exceeds 10% I ethereu (ETH), it approached the strong support level on the chart. Ethereum has continued its depreciation in the last 24 hours, which it started recording from the 4.800 dollar price levels it traded at last week. Ethereum, the second largest cryptocurrency by market capitalization, fell to the 4.190 dollar price levels with its downward price movements and approached the 4.000 dollar price zone, which is an important strong support level.
The General Situation in the Market
in the 24-hour time frame Binance Coin (BNB) 6.5%, Solana (LEFT) 6.1%, Cardano (ISLAND) 5%, of, Ripple (XRP) %3,6%, and Polkadot (DOT) and it recorded a depreciation of 4.4%.
The information contained in this article absolutely does not contain investment advice. Investors should know that crypto currencies have high volatility, so they carry risks, and they should conduct their transactions in accordance with their own research.