What's Hot

    The rate of the VELO token fell on the eve of the update

    05.06.2023

    Multichain developers have fixed a bug in the protocol

    05.06.2023

    Polygon Price Approaching Critical Resistance

    05.06.2023
    Facebook Twitter Instagram
    Monday, June 5
    Facebook Twitter Instagram
    Crypto News
    • Home
    • Bitcoin
    • Ethereum
      • Altcoins
      • ICO
    • Analytics
    • Blockchain
    • Other
      • DeFi
      • Mining
      • Regulators
      • Security
    Crypto News
    Home»Bitcoin»Bitcoin Price Drops To $39,000 As Stock Market Falls
    2a79a746ed0dca2ceb6b791f148c44f34236f480
    Bitcoin

    Bitcoin Price Drops To $39,000 As Stock Market Falls

    AdministratorBy Administrator05.03.2022No Comments1 Min Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Reading time: ~2 m


    Today, March 5, the price of bitcoin fell to the level of $39,000, having decreased by 5% in a day. Concerns about the safety of the Ukrainian nuclear infrastructure led to a decline not only in cryptocurrencies, but also in traditional markets – during the day, the S&P 500, following European indices, fell by 1.4%.

    Bitcoin is correcting as tensions rise in Ukraine, fear is also intensifying as gold is skyrocketing. Perhaps we will see a rebound, in this case we consider 43.1-43.5 thousand dollars as a potential resistance point.

    In general, the markets are shaky, altcoins are also falling. Looking ahead, however, the macro outlook looks bleak due to a combination of commodity inflation, the weakening ability of central banks to tame it, and the damage done by the fight against the coronavirus over the past two years. You can already see how other markets are starting to show serious cracks in the foundation: Hong Kong lost 100% of its profits after the coronavirus, and it looks like European markets are next in line.




    #Bitcoin #Price #Drops #Stock #Market #Falls

    Bitcoin Drops Falls Market Price Stock
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Avatar of Administrator
    Administrator

    Related Posts

    Polygon Price Approaching Critical Resistance

    05.06.2023

    Trader predicts XRP price to exceed resistance by $0.6

    05.06.2023

    The Ordinals released an update due to the “cursed” inscriptions

    05.06.2023

    Analyst predicts the transfer of capital from altcoins to bitcoin

    05.06.2023
    Add A Comment

    Leave A Reply Cancel Reply

    Recent Posts
    • The rate of the VELO token fell on the eve of the update
    • Multichain developers have fixed a bug in the protocol
    • Polygon Price Approaching Critical Resistance
    • Fraudsters held a fake conference from the Uniswap crypto exchange and surprised its real creator
    • CryptoTanks, Oracle Meta Technologies, Foxify
    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
    • June 2023
    • May 2023
    • April 2023
    • March 2023
    • February 2023
    • 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.