Ethereum Falls to a New Low, Bitcoin Breaks Below $8,000
Ethereum’s worth has fallen to the bottom stage in months, under the latest temporary low in February to a brand new low of round $550 on the time of writing.
The forex is down one other 10%, falling at present by $50 from $600 to $550, considerably decrease than its all time excessive of $1,400.
While its buying and selling volumes now stand at close to $1 billion, led by OKex and the BTC pair, with Bithumb no the place in sight.
Ethereum’s latest worth motion on day by day candles.
Bitcoin, in flip, has as soon as once more fallen under $eight,000, however considerably standing above its latest low of $6,000.
Its buying and selling volumes, nevertheless, are down too, to simply round 10% of their highs in December now standing at $four billion. Led by Bitfinex, with OKex’s USDT pair following.
Bitcoin’s latest worth motion on day by day candles.
The story repeats throughout the board. Everything is down round 10%, with some cash or tokens falling one other 20%.
Global crypto buying and selling volumes have reached one other low at round $10 billion, with a bear market so seemingly persevering with.
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For future viewers: price of bitcoin at the moment of posting is 8405.00USD