The bitcoin exchange rate plummeted, the value of the coin fell below 11 thousand dollars
Stock Markets Group – bitcoin exchange Rate on March 6 began to decline after the price of the most popular cryptocurrency reached the level of 11 500$. This mark was not under the power of buyers.
The last days of Bitcoin firmly fixed above the psychological mark of$ 10 000, but considering the reduced maintenance, the probability of the price returns again to the area increased.
At the time of writing the major exchanges show the following values of value of bitcoin:
Bitstamp – $ 10 900 (-4.55%)
Bitfinex – $ 10 916 (-5.3%)
Coinbase – $10 905 (-4.24%)
The market capitalization of bitcoin at the moment is $185 983 billion.
Recall that yesterday the rate could almost get close to a new major level of 12 000$, and the capitalization reached almost $ 200 billion.
Other cryptocurrencies in the market is also falling behind the rate of bitcoin. So the rate of Ripple lost 11%, Ethereum dropped to 3.5%.
According to experts, in the last week of the bitcoin network significantly reduced the number of transactions. This may indicate that overall popularity of this cryptocurrency investors, has reached its peak. This will have a negative impact on price and could force Bitcoin to give leadership in kriptonyte.
For the first time from 2016, the average number of daily transactions of bitcoins has fallen to two-year low, reaching a value of 150 000 operations. Together with this are reduced and trading volumes for the instrument, which means that the failure of many companies from using BTC and the transfer of assets to other altcoins.
Market analyst cryptocurrency
Stock Markets Group™