The movement of the 24-hour bitcoin price fluctuated quite strongly, yesterday it dropped to $ 4,500, then recovered.

These past few hours, bitcoin has maintained above $ 5,000 and the overall situation is very difficult.

Bitcoin price movement over the past 24 hours
Bitcoin price movement over the past 24 hours

In the past 24 hours, there have been many price fluctuations, the highest bitcoin price recorded at $ 5,415 and the lowest of $ 4,452 – according to the Coindesk exchange rate.

Today's bitcoin exchange rate (March 17) recorded at 10:25 at US $ 5,217, down 1.76% from the previous 24 hours.

Bitcoin exchange rate
Bitcoin exchange rate

Bitcoin's market capitalization drops to 95.71 billion USD, the market dominance rate (market share) of bitcoin is at 64.5% – according to BTA's bitcoin exchange rate (https://blogtienao.com/ty-gia/BTC/bitcoin/).

On the market, there are 95/100 digital currencies discount compared to the previous 24 hours. In particular, the highest decrease of 21.25% belonged to Komodo.

Overview of the cryptocurrency market
Overview of the cryptocurrency market

In the top 10, except for Tether, which has increased slightly, all still decreased compared to the past 24 hours.

Top 10 cryptocurrencies by market capitalization
Top 10 cryptocurrencies by market capitalization

The total market capitalization of the digital currency recorded at 10h25 at $ 146.62 billion, down $ 6 billion from the previous 24 hours.

Total market capitalization of cryptocurrencies
Total market capitalization of cryptocurrencies

The 24-hour trading volume recovered somewhat, recorded at USD 154.80 billion, an increase of USD 39 billion compared to March 16.

Along BTA review the news available in the day, the content in the article will be updated as new news ..

Bakkt call Series B capital

Bakkt has successfully raised $ 300 million in Series B, as announced on March 16.

READ  Phim hay Phim Ca Nhạc Tân Người Trong Giang Hồ

Companies supporting this funding round include Intercontinental Exchange, Microsoft M12, PayU, Boston Consulting Group, Goldfinch Partners, CMT Digital, and Pantera Capital.

“With the completion of the Series B funding round and the recent acquisition of Bridge2 Solutions, Bakkt now has 350 employees,” said Baakkt CEO Mike Blandina.

Bakk also said that customer-centric applications will be available in the second quarter.

“I'm excited about the ability to unlock $ 1 trillion in digital assets when Bakkt launches this summer,” Blandina wrote.

Toyota launched Blockchain Lab after 11 months of research

Toyota Motor, together with Toyota Financial Services Company, has just launched the Toyota Blockchain Lab, on March 16, comprising six Toyota Group companies. This research room is exploring the future of shipping.

Founded in April 2019, Blockchain Lab has been quietly studying the potential of blockchain technology for the past 11 months, and now seeks to enhance business applications and expand strategic cooperation outside the corporation.

The application of blockchain technology in the shipping industry will help the company develop an environment in which users can connect openly and securely to the service provider. In particular, the leading application will be vehicle and customer certification, along with supply chain monitoring, and asset digitization to diversify payment methods.

Many investors pessimistic, bitcoin can down $ 4,000?

The Covid-19 epidemic is having a negative impact on most markets and cryptocurrencies are no exception. Many traders and analysts predict that Bitcoin prices will likely continue to fall further.

Analyst Michael van de Poppe in the recent analysis said that the global market is still in deep red and Bitcoin may not be able to recover at this time. According to this analyst, the price of the leading digital currency may continue to plunge to $ 4,000.

READ  Experience: Do not buy a computer keyboard li!

Similarly, The Crypto Dog trader said that if the situation in the next few days does not change, a drop below $ 4,000 is entirely possible.

Hokoda, a bitcoin investor with many years of experience, said that “I think with the current situation of bitcoin being hard to recover, it will not be surprising when bitcoin moves below $ 4,000.”

*updating..

Read more :

Leave a Reply

Your email address will not be published. Required fields are marked *