Current major cryptocurrency market conditions at this time – Take a look at CoinMarketCap
(Seoul = News 1) Reporter Park Hyung-ki = Bitcoin and other cryptocurrencies (virtual currencies) are falling all at once.
This appears to be a sound correction following the recent surge. The day before, the market capitalization of cryptocurrency (virtual currency) had risen to over $2 trillion.
However, on this day, the market capitalization of cryptocurrencies again fell below $2 trillion, and the atmosphere is resting.
As of 6 am (Korean time) on the 17th, Bitcoin was recorded at $45,948, down 1.64% from 24 hours ago on CoinMarketCap, a global coin market relay site. Bitcoin traded between a high of $47,998 and a low of $45,700 on that day.
“Bitcoin has risen a lot recently,” said Katie Stockton, director of Fairlead Strategy, a cryptocurrency (virtual currency) company. “Investors seem to be taking a break.”
Most other cryptocurrencies are also falling. Ethereum, the second largest by market cap, is down 3.12%, and Cardano (Ada) is down 4.73%. In comparison, Binance Coin is up slightly (1.62%).
At the same time, on Upbit, a Korean trading site, Bitcoin is trading at 54,091,000 won, down 1% from 24 hours ago.
Current domestic market conditions of major cryptocurrencies at this time – Upbit Capture
In addition to Bitcoin, other cryptocurrencies are also falling all at once. Ethereum is down 3.28%, Ada (Cardano) is down 1.98%, Ripple is 7.05%, and Dogecoin is down 4.79%.
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