Bitcoin hits a weekly low, falling below $ 7,800 The price of bitcoin has dropped below $ 8,000 for the third time in the past 7 days, this time updating its weekly low and reaching the July 24 level.

Bitcoin hits a weekly low, falling below $ 7,800

Bitcoin price fell below $ 8,000 for the third time in the past 7 days, this time updating the weekly low and reaching the July 24 level.

At the time of publication, the cryptocurrency is trading near the $ 7,740 mark on the Bitfinex exchange, thus deviating by more than 5% from the $ 8,100 level, above which it began this day.

Bitcoin was also below $ 8,000 yesterday, when its price briefly dropped to $ 7,800, after which it rapidly recovered.

At the same time, there are less than 12 hours left before the close of the productive month for bitcoin, during which its price rose by 22%, and trading volumes reached February levels.

 

 

 

At the time of publication, most major cryptocurrencies are in the red zone. The segment's capitalization is $ 276 billion.



As senior analyst at eToro Matty Greenspan notes, the cryptocurrency market was not the only one experiencing negative pressure at the end of the month..

Cryptocurrencies are falling, stocks are falling, gold is falling, the US dollar is falling. There are no safe assets left on the market?

 

 

Similar articles

• Cryptocurrency market capitalization dropped below $ 200 billion The declining prices of cryptocurrencies sent the total segment capitalization to a new minimum for the current year - below $ 200 billion.

  Cryptocurrency market capitalization dropped below $ 200 billion The declining prices of cryptocurrencies sent the total capitalization of the segment to a new minimum for...

• Cryptocurrency rates went down amid rumors about the closure of exchanges in ChinaBitcoin and altcoins are going down, some have lost up to 25%. Events are developing against the backdrop of rumors of a new ban by Chinese regulators, which this time allegedly suspended the activities of exchanges in the country. Writes about it Cointelegraph.

  Cryptocurrency rates went down amid rumors about the closure of exchanges in China Bitcoin and altcoins are going down, some have lost up to 25%. Events develop...

• SBI Group and Huobi will open a new cryptocurrency exchange in Japan Japanese financial conglomerate SBI Group has announced an agreement with the Huobi exchange, under which a new platform for exchanging bitcoin and other cryptocurrencies will be opened in Japan. The new exchange is expected to launch next year. Writes about it Cointelegraph.

  SBI Group and Huobi to open a new cryptocurrency exchange in Japan Japanese financial conglomerate SBI Group announced an agreement with the Huobi exchange, in...