Banking and insuranceEconomical

How long will the bitcoin collapse continue?


According to the Iran Economist and quoted by Crypto News, this digital cryptocurrency suffered a heavy blow with the news of the cessation of the Celsius Network digital currency lending platform due to unstable conditions.

The price of bitcoin has once again been in line with the regional experience in 2020 and has fallen to $ 23,000, and fluctuations are likely to increase in the coming days. The price of Bitcoin has fallen sharply to start the trading session this week and is now stabilizing at an unspecified point. The sharp decline has undermined all short-term bullish ideas.

The price of Atrium has also reached its lowest historical value and is reviewing its upward trend from 2019 to 2021. The price of Atrium has plummeted and the usual reverse signal detection will be challenging, so early cancellation of the downtrend could be in the range of $ 1570 for investors willing to accept high-risk and high-risk trades.

The price of Cardano is on the way to the lowest level on May 12 at $ 0.39. Cardano, like several other digital currencies, is experiencing a slump for the start of the third trading week in June.

The total global market value of digital currencies is currently estimated at $ 908.51 billion, down 10.76% from the previous day. Bitcoin currently holds 45.22 percent of the total digital currency market, down 1.89 percent in one day.

The total volume of the digital currency market in the last 24 hours is $ 153.34 billion, an increase of 63.51%. The total volume of decentralized finance is currently $ 10.54 billion, which is 6.88% of the total 24-hour volume of the digital currency market. The volume of all stable coins is now $ 136.43 billion, which is 88.97% of the total 24-hour volume of the digital currency market.

Digital currency price update (until 07:55 AM Eastern time)

This category contains the price changes of 10 major digital currencies in terms of market value.

1- Bitcoin

Price: $ 21,831.33

Price changes in the last 24 hours: 13.21% decrease

Recent week price changes: 26.07% decrease

2- Atrium

Price: 138.24 dollars

Price changes in the last 24 hours: 14.29% decrease

Recent week price changes: 34.98% decrease

3- Bainance Quinn

Price: $ 213.12

Price changes in the last 24 hours: 9.77% decrease

Recent week price changes: 25.52% decrease

۴- تتر

Price: $ 0.9988

Price changes in the last 24 hours: 0.03% decrease

Recent week price changes: 0.05% reduction

5- Solana

Price: $ 27.52

Price changes in the last 24 hours: 2.38% decrease

Price changes in the last week: 30.62% decrease

6- Cardano

Price: $ 0.4686

Price changes in the last 24 hours: 0.65% increase

Recent week price changes: 21.06% decrease

7- Ripple

Price: $ 0.3108

Price changes in the last 24 hours: 5.28% decrease

Price changes in the last week decreased by 19.89%

8- Polka Dutt

Price: $ 7.11

Price changes in the last 24 hours: 1.55% increase

Recent week price changes: 21.85% decrease

9 – USQ Quinn

Price: $ 1.00

Price changes in the last 24 hours: 0.07% increase

Recent week price changes: 0.06% increase

10- Dodge Quinn

Price: $ 0.05441

Price changes in the last 24 hours: 9.09% decrease

Recent week price changes: 31.37% decrease

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