11/07/19 08:27 UTC±0

Bitcoin rate plummeted to $ 11,500

Bitcoin price plummeted to 11,500 US dollars
Bitcoin price plummeted to 11,500 US dollars

Today, July 11th, the cost of the first cryptocurrency has fallen sharply over 15%. The Bitcoin rate entered the zone of correction after overcoming the resistance line of $ 13,000, after which the price fell by one and a half thousand dollars.


Bitcoin: course collapse

According to statistics, the cost of the first cryptocurrency entered the correction zone. Now, the Bitcoin rate fixed at around 11,500 US dollars, with a decrease in the level of capitalization to 205 billion. At the same time, the price spread of the total value is equal to $ 25 billion, which speaks of the enormous volatilityVolatility
– is a financial term that means a statistical indicator of price change. In the cryptocurrency world, it is used by traders as an indicator for managing financial risks. That is, it is a measure of trade risk and as a financial analytical tool for gambling. Details
of digital gold.

The average daily tradingTrading
– is an economic term that means the process of independent trade, independent analysis of the market and the conclusion of trade transactions.Details
volume of Bitcoin also dropped by four points, indicating a slight decrease in the activity of traders and smaller transactions. So, yesterday the volume of Bitcoin was 32, 6 billion dollars, and today it has dropped to 36,2 billion dollars.

Interesting in the section: Buy your next car using Bitcoins

The cost of Bitcoin plummeted to $ 11,500. Recall that yesterday the first cryptocurrency also soared sharply above $ 13,000, followed by a collapse in prices.

Editor: Jerg Wos

See also: "The United States and Thailand have become leaders in booking hotels for cryptocurrency"

#Bitcoin #bitcoincost #Bitcoincourse #cryptocurrencyrate #cryptocurrencyprice #Bitcoinplummeted



12/07/19 09:01 UTC±0

Donald Trump said that cryptocurrency contributes to crime

Today, July 12, the president of the United States of America, Donald Trump, spoke for the first time openly about the cryptocurrency industry. The president criticized Bitcoin, as well as a cryptocurrency payment network from Facebook, Libra.

Fiat money, funds