Bitcoin makes a nose dive to us $9.600, cryptomarkt trade to $10 billion

The bitcoin (BTC) rates are now in one hour’s time more than $350 to decline. On Bitstamp so, BTC is just $9.600, but in the meantime the stock price is above $9.800.
Since it is a temporary peak this year at $13.900, is that the price of BTC is approx. A 30% correction.

Contents

Bitcoin prijsdump

The price is acting at 5 in the morning local time on the $10.100 and then to decline to us $9.600, on some of the trade fairs. In the past 24 hours, there are approx. $350 is the price for a percent decrease of 3.4%.

Source: Cryptocompare
We zoom out, we can see that in the last 24 hours, more than $10 billion in the cryptomarkt has been shed. The power of BTC and the market is currently at 67,6%, a few percentage points lower than the 70% in the previous week.
The total market value (source: Coinmarketcap)
As various analysts have pointed to the fact that bitcoin is still in the first swoop, it would make before we open it up to be able to look in the direction of the $11.000.
According to the analyst, Josh works as a Brush is about $9.400 to the next supportlevel in order to keep an eye on.

NewsBTC cites an analyst/commentator in Richard’s Heart, who says that BTC is still in a descending triangle pattern, the move.
At the end of June, the BTC is a temporary peak this year at about. $13.900. Since then there has been close to 30% of the price of BTC afgesnoept.

Altcoins

Also, most of the altcoins fall, currently in u.s. dollars and some of them will deliver (again), in relation to the BTC in the past day.
The question is whether investors will in time have their profits in altcoins have been.

The market is looking forward to the launch of a bitcoin futuresplatform Bakkt on Monday. The opinions are divided, with the price action in the market is going to do it.

Thank you for signing up!

Cryptocurrency Market