The course of the main cryptocurrency has already fallen to the level of July last year. On Friday, the price of bitcoin fell from $39,000 to $36,000, yesterday the rate dropped to $34,266 at the moment, and this morning they were already giving about $33,500 for one coin.
The forecasts of experts who claimed that the Bitcoin support zone is the range from $36,000 to $38,000 have not been confirmed. The rate continues to fall due to the large number of sellers who, having succumbed to panic, are trying to minimize their losses.
Over the past week, the rate has already fallen by 12%, and the market capitalization amounted to $644 billion. For many investors, there is now a great investment option, however, judging by the dynamics of the exchange rate, selling still dominates the buying of bitcoin.
Observers estimate that a new low could be in the $30,000 region.
Together with bitcoin, ether (-12% per week), Solana (-15.5%) and other coins are getting cheaper.
Source: ixbt
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