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.
In the past 24 hours, the highest bitcoin price recorded at $ 5,415 and as low as $ 4,452 – according to the Coindesk 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.
In the top 10, except for Tether, which has increased slightly, all still decreased compared to the past 24 hours.
The total market capitalization of the digital currency recorded at 10h25 at $ 146.62 billion, down $ 6 billion from the previous 24 hours.
The 24-hour trading volume recovered somewhat, recorded at USD 154.80 billion, an increase of USD 39 billion compared to March 16.
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Bakkt call Series B capital
Bakkt has successfully raised $ 300 million in Series B, as announced on March 16.
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, according to 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 writes.
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.
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 the current situation of bitcoin is hard to recover, it will not be surprising when bitcoin moves below $ 4,000.