CRYPTO NEWS TODAY - Crypto Market Crash - Bitcoin Down at $40K - All in Red
CRYPTO NEWS TODAY - Crypto Market Crash - Bitcoin Down at $40K - All in Red
00:01 Intro
01:12 Crypto News
02:08 Bitcoin News
03:21 Ethereum News
04:11 Bitcoin Technical Analysys
05:03 Bitcoin Price Prediction
06:42 Outro
Bitcoin (BTC) in the middle of this week had a real chance to reach $45,000, but the day before the coin collapsed in value amid the readiness of the U.S. Federal Reserve to raise the rate.
BTC fell to $40,866 on the Bitstamp exchange on Friday, February 18. Over the past 24 hours, the capitalization of the largest cryptocurrency plummeted 6.5% to $773.974 billion.
The biggest losses among the top ten altcoins were Ether (ETH) and Avalanche (AVAX), which lost more than 4% and fell to $292929 and $89.28, respectively.
Binance Coin (BNB), XRP, Cardano (ADA) and Solana (SOL) fell to $409, $0.794, $1.04 and $95.9. The capitalization of the crypto market fell to $1.864 trillion during the European session.
IntoTheBlock analysts believe that yesterday's drop in bitcoin was the result of a lack of support while trying to break resistance in the $40,800 to $42,000 range.
The cryptocurrency was sold by addresses that purchased coins at that value. Researchers estimate that 787,000 addresses had previously purchased 272,000 BTC in that range.
If the coin does not hold above $40,000 in the next few hours, we can expect a bitcoin pullback to $38,000 as early as Saturday night, February 19.
Translated with www.DeepL.com/Translator (free version)
00:01 Intro
01:12 Crypto News
02:08 Bitcoin News
03:21 Ethereum News
04:11 Bitcoin Technical Analysys
05:03 Bitcoin Price Prediction
06:42 Outro
Bitcoin (BTC) in the middle of this week had a real chance to reach $45,000, but the day before the coin collapsed in value amid the readiness of the U.S. Federal Reserve to raise the rate.
BTC fell to $40,866 on the Bitstamp exchange on Friday, February 18. Over the past 24 hours, the capitalization of the largest cryptocurrency plummeted 6.5% to $773.974 billion.
The biggest losses among the top ten altcoins were Ether (ETH) and Avalanche (AVAX), which lost more than 4% and fell to $292929 and $89.28, respectively.
Binance Coin (BNB), XRP, Cardano (ADA) and Solana (SOL) fell to $409, $0.794, $1.04 and $95.9. The capitalization of the crypto market fell to $1.864 trillion during the European session.
IntoTheBlock analysts believe that yesterday's drop in bitcoin was the result of a lack of support while trying to break resistance in the $40,800 to $42,000 range.
The cryptocurrency was sold by addresses that purchased coins at that value. Researchers estimate that 787,000 addresses had previously purchased 272,000 BTC in that range.
If the coin does not hold above $40,000 in the next few hours, we can expect a bitcoin pullback to $38,000 as early as Saturday night, February 19.
Translated with www.DeepL.com/Translator (free version)
