general

Bitcoin drops to the level of 44 thousand dollars and the total value of the crypto market is still above 2 trillion dollars

Bitcoin drops to the level of 44 thousand dollars and the total value of the crypto market is still above 2 trillion dollars

The content site is one of the sites that provide the service of answering general questions and solving puzzles and crossword puzzles

Where the content site is primarily interested in answering your questions in all areas, including solving puzzles and crossword puzzles

Answer Bitcoin drops to the level of 44 thousand dollars and the total value of the crypto market is still above 2 trillion dollars

Before the decline of bitcoin from the levels of 47 thousand dollars, some analysts indicated that bitcoin could return and visit the areas of 44 thousand dollars to fill the CME gap (CME Group is an American exchange that provides the service of trading bitcoin futures) which is what has already happened.

What is the Bitcoin CME price gap?

Where the bitcoin fell from the levels of 47 thousand dollars to trade at the time of publication at 45,077 dollars, recording a decline of 4.3% in the last 24 hours.

Read:Facebook’s chief cryptocurrency warns of national security risks if US fails to innovate in financial services

As usual, the alternative digital currencies follow the movement of Bitcoin, as it also declined in varying proportions.

The most notable top 20 coins in terms of total market capitalization affected is the crypto meme “Shiba Inu,” which has fallen more than 9% in the past 24 hours, according to data provided by CoinMarketCap.

Although the Shiba Inu team recently announced the details of the long-awaited “Metaverse” project, it did little to avoid a price correction.

Shiba Inu’s virtual land sale plan has also attracted some criticism, with Dogecoin co-founder Billy Marcus claiming that it could just be a cash grab for developers who don’t bring any additional value to the project itself.

Ethereum has fared slightly better, losing less than 4% in the past 24 hours.

While the Solana coin, which carries a competing project for Ethereum, remained with a green index and was trading above 125 dollars.

Read:Binance launches an educational platform for the field of blockchain and cryptocurrency

Overall, the cryptocurrency market is struggling to recover after the European Parliament voted to ban anonymous crypto transactions.

Read also:

A Canadian oil company dedicates its untapped energy to Bitcoin mining…Details here

Cardano records a 50-fold increase in the number of large transactions in 2022


And you can ask questions on the content site through the word “Ask a question” at the top of the site, where we answer your questions in a short time

Previous post
European Parliament votes to ban anonymous crypto transactions…details here
Next post
A Canadian oil company dedicates its untapped energy to Bitcoin mining…Details here