Sharp losses for digital currencies and Bitcoin are heading for $ 9,000

in #bitcoin7 years ago

The digital electronic currency continued the wave of violent losses that began earlier this year, missing about 35 billion dollars in the past few hours.

Today, Bitcoin lost 9% to $ 9,370.

Since the last quarter of December, electronic currencies have lost about $ 227 billion of their total market value, down by 31.88% after dropping from $ 712 billion at the end of December 22 to about 485 billion dollars at the moment.

By the end of January, the currency of the "Bitcoin" lost $ 44.2 billion of its market value of about 200 billion dollars in early 2018, recording the strongest monthly loss at all.

However, during yesterday's trading until morning trading, digital currencies suffered losses of about $ 35 billion after the market value fell from $ 521.2 billion to about $ 485.7 billion at the moment.

E-currencies have suffered severe and violent losses since the beginning of this year as governments have tightened their grip on the market in an attempt to impose regulatory measures after rising to record levels last year.

The losses came in support of the violent retreat of the currency, the most powerful and widespread in the digital currency market, which fell below $ 10 thousand dollars during the past hours.

The value of the currency of "Bitcoin" by more than 5.4% to drop to the level of 9543 dollars at the present market value of about 162.419 billion dollars.

The currency of "Bitcoin Cash" decline by 7.3% to decline the market value to about 1385.5 dollars. Ripple also fell by more than 7.3% to a total market value of about $ 1.05 at the moment.

In contrast, the "Ethereum" currency rose almost 1% to record a total market value of $ 1107.9 for the time being.