Bitcoin exchange rate close to 6 000$, the expected drop even lower
Stock Markets Group – bitcoin exchange Rate today, June 23, remains near recent, important psychological level of 6000$ ready to go below.
Yesterday’s collapse of the most popular cryptocurrency was not accidental, and the recent hacking of South Korean kryptomere, adding pressure to the Japanese regulator. The price of Bitcoin stood near important support, however, we cannot yet say that the buyers took revenge and soon deployed the digital asset up.
Top ten altcoins of suspended drop with bitcoin. So the Bitcoin exchange rate Cash declined by just 0.55% and is located at 746$ 101 capitalization of 12 billion dollars.
The rate of Ripple lost only 0.31% and reached $ 0.48$ at market capitalization 18 305 billion. Ethereum fell by 0.01% and reached 451$ in market capitalization 47 561 billion.
At 11:45 a.m., major exchanges show the following values of the rate BTC/USD:
Bitstamp – $ 6 125 (+1.24%)
Bitfinex – $ 6 096 (+0.8%)
Coinbase – $ 6 114 (+1.17%)
The market capitalization of Bitcoin at the moment is $105 039 billion Total capitalization of the stock market 221 127 billion.
Bitcoin exchange rate helped to derail the Japanese regulator
As it became known, the financial service of Japan issued another order to improve the work of the six cryptocurrency exchanges have previously received a license, after the next inspection.
According to published information, the Japanese financial services Agency (FSA), sent instructions to improve control and protection of users bitcoin exchanges bitFlyer, Tech Bureau, BTC Box, Bit Bank, QUOINE and Bit Point.
However, the reaction is not all marketplaces was expected, which forced the bitcoin exchange rate to fall even further.
So the bitcoin exchange bitFlyer, has temporarily stopped accepting applications for the opening of new accounts from clients to undertake work on the identification of existing ones.
Representatives of the crypto currency exchange also said that actively cooperate with the FSA and are trying to resume work as soon as possible.
Under conditions of frequent hacker attacks on the trading floor and fraudulent schemes, the exchange rate of bitcoin and other cryptocurrencies, is too vulnerable that allows you to attract serious capital to the market.
Without this, the development of bitcoin industry is impossible and the Agency for financial services of Japan is trying to do the job cryptoolinux companies safer.
The result obtained orders from the regulator, six exchanges have within a specified time submit a written report on the measures taken to improve security and control. Until work on Troubleshooting problems will not be fully implemented, the bitcoin exchange will have to report monthly.
This news is another confirmation of the fact that today the problem of the security of the assets came to the fore, and regulators are trying to actively participate in this area.
Bitcoin reacted to the message negatively, but today on the chart of course it is possible to observe a slight increase.
Bitcoin exchange rate today
The important psychological level of survived, but remains in range of prices. For the most popular cryptocurrency today, it is important not to fall below, as in this case, commit will start those market participants who have open positions on bitcoin in the beginning of this year.
Recall that this was the first strong decrease of the exchange rate of bitcoin, which many have used as a new starting point for profit. And if in the coming days, the sellers will find a new reason to reset bitcoin, it will lead to greater drawdown figure of coins.
Many experts say that the next fall may not be completed at around 5 500$ and the value of Bitcoin will go much lower in the area of $ 4,000.
This will mean for asset loss of leadership on the market of cryptocurrencies and the flight of those who still believed in the growth rates in other altcoins, for example in the Ethereum or Ripple.
Now there can be no assurance that investors will not lower the rate of bitcoin below, as thin summer market, it is very easy to manipulate prices, even small volumes of transactions.
Market analyst cryptocurrency
Stock Markets Group™