Banking and insuranceEconomical

Stop the downward trend of cryptocurrencies


At the same time as Bitcoin, a new record high, hit the $ 68,000 mark, the selling pressure on the market increased, which in turn became a stimulus for a sharp drop in the market, according to CNBC. The sell-off came amid both a recent uptrend and a cautious investor fear of a price bubble, with some analysts saying it would have to wait for a big drop if it continued for days or bad news. .

In good news for the cryptocurrency market, Apple CEO has said he has invested some money in Atrium and Bitcoin. According to Tim Cook, this investment is completely personal and has nothing to do with Apple’s investment strategy. He said that while he personally sees the opportunity to invest in Bitcoin and Atrium, Apple’s $ 200 billion investment fund currently has no plans to enter and invest in the market.

The US House of Representatives has approved a $ 1 trillion government budget bill to boost investment in infrastructure, with much of the budget to be passed through a tax on cryptocurrency transactions. In this way, although traders will be upset about paying taxes, they are more confident that the United States is not going to follow China’s lead.

The total global market value of digital currencies is currently estimated at $ 2.8 trillion, up 0.14% from the previous day.

Bitcoin currently owns 45% of the total digital currency market and Atrium 17%. Bitcoin was created 12 years ago by an anonymous group of traders on the blockchain platform, and its first trades were formed in 2009.

Digital currency price update (until 5 pm Eastern time)

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

1- Bitcoin

Price: $ 65,096

Price changes in the last 24 hours: 0.99% increase

Recent week price changes: 6.13% increase

2- Atrium

Price: $ 4749.48

Price changes in the last 24 hours: 3.90% increase

Recent week price changes: 5.21% increase

3- Bainance Quinn

Price: $ 630.52

Price changes in the last 24 hours: 9.07% increase

Recent week price changes: 13.30% increase

4- Solana

Price: $ 236.39

Price changes in the last 24 hours: 7.22% increase

Recent week price changes: 4.31% increase

5- تتر

Price: $ 1.00

Price changes in the last 24 hours: 0.01% increase

Recent week price changes: 0.01% decrease

6- Cardano

Price: $ 2.09

Price changes in the last 24 hours: 1.36% increase

Recent week price changes: 3.20% increase

7- Ripple

Price: $ 1.22

Price changes in the last 24 hours: 0.51% increase

Price changes in the last week: 1.72% increase

8- Polka Dutt

Price: $ 48.25

Price changes in the last 24 hours: 1.83% increase

Recent week price changes: 1.80% increase

9- Dodge Quinn

Price: $ 0.261

Price changes in the last 24 hours: 1.83% increase

Recent week price changes: 5.22% increase

10 – USD Quinn

Price: $ 1.00

Price changes in the last 24 hours: 0.01% increase

Recent week price changes: 0.01% decrease

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