After a sharp rise above 9,100 USD yesterday, the price Bitcoin These past few hours have weakened to $ 8,600 and along with that, the whole world of cryptocurrencies is also red.
Bitcoin exchange rate Today (January 20) recorded at 9.40 USD at 8.647 USD, down 5.30% compared to the previous 24 hours.
Over the past 24 hours, the lowest bitcoin price recorded at $ 8,455 and the highest at $ 9,181.
On the market today, covered in red, when there were 91/100 cryptocurrencies falling compared to the previous 24 hours, the strongest decrease was Nervos Network with a decrease of 15.20%.
In the top 10, there are 8 digital currencies down compared to the past 24 hours.
Total market capitalization of cryptocurrencies recorded at 9:40 am at USD 237.10 billion, down USD 12 billion compared to the previous 24 hours.
Trading volume has decreased slightly, from 129.21 billion USD on January 19, to 117.58 billion USD in the last 24 hours, down 17 billion USD.
Most don't believe Libra will launch in 2020, according to the Outlook Survey
The majority of respondents to the Block's Vision Survey 2020 believe that Facebook's Libra cryptocurrency project will not be implemented this year.
Of 106 responses from venture capital investors, financial services, and the digital asset industry, 72 people (67.9%) answered no when asked whether Libra will launch in 2020. 34 ( or 31.1%) of participants said yes.
Owning bitcoins is a bad idea, according to Peter Schiff
On January 19, the famous gold investor and cryptocurrency suspect Peter Schiff confirmed on Twitter that he lost access to his Bitcoin wallet and that his password was no longer valid.
Schiff added that his bitcoins now have no intrinsic value and no market value. He also added:
I know owning bitcoin is a bad idea, I just don't realize how bad it is.
The community immediately responded to the request for help. For example, co-founder and partner at Morgan Creek Digital Anthony Pompliano responded by asking if he forgot his password. Mr. Schiff replied: My wallet forgot the password.
Schiff is well-known as a public critic of digital currencies. Just last year, he said bitcoin would not increase by the end of the year, while most other assets would increase in price. By the end of November, he also confirmed that bitcoin would drop to $ 1,000 in order to complete the price model.