On Monday, May 17, the price of Bitcoin at the moment reached $ 42,185 – for the first time since February 8, 2021. The first cryptocurrency lost 35% of the peak values.
At the time of writing, the flagship is trading at around $ 45,000. The asset has dropped 8.1% over the past 24 hours, according to CoinGecko.
Bitstamp BTC / USD chart. Data: TradingView.
The Ethereum price fell to below $ 3480 (-10.5% per day). The BNB token of the Binance exchange dropped to $ 525.
Cryptocurrency market capitalization is $ 2.18 trillion. Bitcoin dominance index – 38.5%, Ethereum – 18.7%.
Data: CoinGecko.
Over the last 24 hours, positions for $ 2.37 billion were liquidated in the futures market, of which $ 1.26 billion fell on bitcoin futures.
Data: Bybt.
Earlier, the head of the Delta cryptocurrency platform Pankaj Balani admitted that in the near future the price of bitcoin could fall below $ 50,000 amid the reduction in the number of “whale” addresses to a minimum since the beginning of the year.
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