Bitcoin and Etherium Fall Again Like Other Cryptocurrencies

The positive correction in Bitcoin and Etherium last week was short-lived, after which the rates of these and other cryptocurrencies began to decline again.

If during the period from December 8 to 12, Bitcoin consistently cost more than $ 50 thousand, then yesterday it again fell below $ 46 thousand, although now there has been an adjustment to $ 47 thousand. Bitcoin’s market cap is $ 886 billion.

The Etherium exchange rate, which a couple of days ago was $ 4160, fell to $ 3680 yesterday, and now they are giving $ 3778 for one coin. The market capitalization of this cryptocurrency is $ 448 billion.

Bitcoin and Etherium Fall Again Like Other Cryptocurrencies

The daily fall of both cryptocurrencies is about 5%, and over the last week they have fallen in price by 8 and 13%, respectively. Solana is down 8% overnight and as much as 22% over the past 7 days. Cardano also suffered (-7 and 16%, respectively). Shiba Inu has become cheaper by 12% over the past week, Sogecoin has fallen in price by 11%.

Earlier, the chairman of Starwood Capital Group and billionaire Barry Sternlicht shared his opinion on how Bitcoin can rise to a million dollars per coin.

You may also like

The president of the USA
Markets
Joshua

The president of the USA

US President Donald Trump said on Saturday that he had signed letters to 12 countries detailing the various levels of