The bitcoin exchange rate risk to collapse below $ 8,000
Stock Markets Group – the exchange Rate of bitcoin crashed below the psychological mark, and has once again reminded investors that the stability of the cryptocurrency too dependent on external factors.
So at the time of this writing, the Bitcoin price dropped around 9 925 dollars, losing 2.08%. Most of the cryptocurrency in the top ten are also set to fall.
So the Bitcoin exchange rate Cash dropped to 297 dollars and declined by 2.2%, the price of Ripple has decreased by 0.95% and reached the level of 0.263 per token, the cost of Ethereum lost 0.68% and is close to 186 dollars, and the Bitcoin exchange rate Gold fell by 1.16%, and for one coin on cryptomeria offer 12.97 USD.
Total market capitalization of crypto-currencies is today 260 872 billion.
Chart bitcoin/dollar came close to the important support located at 9 $ 800. In case of successful breakout bears this point the price of BTC as we suggested earlier, may fall into the area of $ 8,000.
Experts believe that in the near future the rate of bitcoin will remain under pressure of uncertainty about the cryptocurrency Libra, as EU officials are concerned about the new Facebook project, and I see high risks for the financial system in the event of its launch.
Market analyst cryptocurrency
Stock Markets Group