What's Hot

    Chinese tax authorities step up pressure on private crypto investors

    26.01.2023

    Tether will look for crypto transactions that pay for child pornography

    26.01.2023

    On-chain activity in the Optimism network collapsed after the end of the NFT bonus program

    26.01.2023
    Facebook Twitter Instagram
    Friday, January 27
    Facebook Twitter Instagram
    Crypto News
    • Home
    • Bitcoin
    • Ethereum
      • Altcoins
      • ICO
    • Analytics
    • Blockchain
    • Other
      • DeFi
      • Mining
      • Regulators
      • Security
    Crypto News
    Home»Bitcoin»Bitcoin falls below $42,000 amid weakening activity of traders
    82a76c47ca9ce03da2e4fec4f0590ffe1498b99a
    Bitcoin

    Bitcoin falls below $42,000 amid weakening activity of traders

    AdministratorBy Administrator04.03.2022No Comments2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    bt-crow.com

    04 March 2022 08:36, UTC

    Reading time: ~2 m


    On the eve of the bitcoin network, there was a high transactional activity of investors. According to the BitinfoCharts service, the daily number of transactions on the eve was very close to 290,000.

    BTC last Thursday again tried to reach $45,000, but in the evening its value began to fall following the weakening of traders’ activity.

    Today, the average daily number of transactions has decreased to 268,000, and the bitcoin rate has fallen to $41,600. The capitalization of the leading digital currency has decreased over the past 24 hours by 4.5% to $786.577 billion.

    Altcoins are mostly traded in the red zone today. Ether (ETH) and Binance Coin (BNB) fell to $2,746 and $396, respectively. XRP, Cardano (ADA), Solana (SOL) and Avalanche (AVAX) fell 4% to $0.741, $0.881, $92.59 and $78.12. The capitalization of the crypto market on Friday, March 4, decreased to $1.833 trillion.

    According to analysts, in the coming days, bitcoin is unlikely to be able to break the resistance around $45,000. However, one should not expect it to fall below $40,000 either. A strong support zone is expected here.

    The consolidation phase has dragged on, but reaching $46,000 and $50,000 is possible by mid-March.

    Bitcoin falls below 42000 amid weakening activity of traders




    #Bitcoin #falls #weakening #activity #traders

    activity Bitcoin Falls traders weakening
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Avatar of Administrator
    Administrator

    Related Posts

    On-chain activity in the Optimism network collapsed after the end of the NFT bonus program

    26.01.2023

    AI Calls Bitcoin a Tool to Destroy Central Banks

    26.01.2023

    Anthony Scaramucci Predicts Bitcoin’s “Renaissance” in 2023

    26.01.2023

    Crypto Analyst Expects Bitcoin to Rise Above $30,000 in February

    26.01.2023
    Add A Comment

    Leave A Reply Cancel Reply

    Recent Posts
    • Chinese tax authorities step up pressure on private crypto investors
    • Tether will look for crypto transactions that pay for child pornography
    • On-chain activity in the Optimism network collapsed after the end of the NFT bonus program
    • Shiba Inu Network Transferred 3 Trillion SHIB Tokens Worth $38 Million
    • AI Calls Bitcoin a Tool to Destroy Central Banks
    Recent Comments
    • 수원출장 on A professor from a US university restored the Tornado Cash code to GitHub
    • 123 on Taproot support added to LND Lightning client
    • houston junk car buyer on 16,000% increase in social media mentions in 2021 Shiba inu
    • Jim Carrey Memy on Bitwise Launches NFT Tracking Index Fund
    • hotshot bald cop on Kava developers launch testnet with EVM support
    Archives
    • January 2023
    • December 2022
    • November 2022
    • October 2022
    • September 2022
    • August 2022
    • July 2022
    • June 2022
    • May 2022
    • April 2022
    • March 2022
    • February 2022
    • January 2022
    • December 2021
    • November 2021
    • October 2021
    • September 2021
    • August 2021
    • July 2021
    • June 2021
    • May 2021
    • April 2021
    • March 2021
    • February 2021
    • January 2021
    • December 2020
    Categories
    • Altcoins
    • Analytics
    • Bitcoin
    • Blockchain
    • Ethereum
    • ICO
    • Mining
    • Other
    • Regulators
    • Security
    Meta
    • Log in
    • Entries feed
    • Comments feed
    • WordPress.org
    Top Posts

    Subscribe to Updates

    Get the latest sports news from SportsSite about soccer, football and tennis.

    Advertisement
    Demo
    Facebook Twitter Instagram Telegram
    • Home
    • Bitcoin
    • Ethereum
    • ICO
    © 2023 Bt-Crow.com - CryptoNews

    Type above and press Enter to search. Press Esc to cancel.