Bitcoin exchange rate in days lost another 0.5%, experts expect a drop
Stock Markets Group – bitcoin exchange Rate today is on the verge of collapse down, holding on only because of the lack of negative news.
Bitcoin price remains in the high risk zone, and if the sellers are consolidating their efforts, it can happen in the coming days or even hours.
Technically there are all prerequisites for fall’s most popular cryptocurrency, which also confirms the schedule of course of bitcoin and signals technical indicators.
Negative moods are observed in other tokens. So the Bitcoin exchange rate Cash fell by 1.54% and is at level 702$ capitalization 12 159 billion.
The Ripple rate decreased by 2.59% and reached 0.45$ at market capitalization 18 074 billion. Ethereum fell by 1.61% and reached 434$ in market capitalization 43 756 billion.
11:15 a.m., major exchanges show the following values of the rate BTC/USD:
Bitstamp – $ 6 112 (-0.4%)
Bitfinex – $ 6 117 (-0.3%)
Coinbase – $ 6 109 (-0.38%)
The market capitalization of Bitcoin at the moment is $104 817 billion Total capitalization of the stock market 213 795 billion.
The bitcoin exchange rate and news
The popularity of cryptocurrencies in Europe increased significantly in December, as evidenced by the survey conducted by the International Institute for marketing and social. research by Ipsos, commissioned by a major Dutch ING Bank.
Bitcoin-the study involved 15 thousand respondents from 13 European countries, USA and Australia.
The aim of the survey was to determine attitudes of residents of different countries of the world about cryptocurrencies and bitcoin. Also, as reported, it was important to understand how increased reliance on digital assets and the desire to use bitcoin and other crypto-currencies as means of payment.
As it turned out, the awareness of respondents in European countries increased significantly, and the exchange rate of bitcoin is absolutely not influenced by the desire and in the future remain the focus of development of the stock market.
So about 66% of the respondents heard about cryptocurrency, and the percentage of those who were already interested in at least once a bitcoin and popular assets is higher in countries where income levels are lower.
Less only 57% were aware of the Americans, which is not surprising as the income of the population did not make citizens to look for additional earnings.
Age category also surprised the researchers as it was found that respondents aged 25 to 44 years don’t necessarily know about bitcoin and cryptocurrencies more than the older generation.
For example, 60% of Europeans 65 years and older answered that they had heard about cryptocurrency.
Another important was that the majority of respondents for information about bitcoin and cryptocurrency use smartphones and Internet resources.
As for investment, in Europe it will never be bitcoin investors slightly less than a third of respondents. The biggest skeptics were the Australians and citizens over 65 years of age. Among youth, only 14% said they would never invest in digital assets.
As shown by the results of the study, the attitude towards cryptocurrencies are absolutely not dependent, for example, their rate and market situation. Ordinary citizens rather look at the usability of bitcoin payments and reliability of digital money.
Bitcoin exchange rate today
The situation in cryptocurrency market remains negative. Most buyers left the market in a period of deep summer lull. In the current situation, the bitcoins will be hard to break the downward trend, as wanting to invest in the market virtually none.
The bitcoin exchange rate remained in a narrow range in readiness to resume reduction at any time. Until the price is above the important psychological mark, strong sales bitcoin is not threatened.
However, given the fact that the first test of support has already happened and quite successfully (bitcoin fell to district 5 $ 800), another attempt will be deeper, and then return to the current levels of the asset is unlikely.
We recommend not to open new positions on the cryptocurrency, since in our opinion the “bottom” has not yet been achieved, and there remains the potential of the drop off bitcoin exchange rate, below the district 5 $ 500.
Market analyst cryptocurrency
Stock Markets Group™