The exchange rate of bitcoin crashed after reports of transactions on the network Tether
Stock Markets Group – bitcoin exchange Rate has fallen for the day 3.1%, confirming the tendency of the stock market participants do not hurry to purchase cryptocurrency and to stay away from volatile asset.
Technically, the price has confirmed our forecast, and forms a regular triangle, after which comes the time of decision-making.
Another attempt is the most popular cryptocurrency to resume growth failed and was again under the blow of negative news.
15:45 GMT., bitcoin is worth 6 $ 295, price Ripple down around 0.3$ per coin, Bitcoin Cash offered on the market 443.13$, Ethereum weakened to USD 207.
The exchange rate of bitcoin crashed after reports of a network Tether
As it became known, the reason obvalovka the cryptocurrency market, which is considered by experts as the main, is the failure of a network Tether.
Several thousand unconfirmed and suspicious transactions, which appeared yesterday, caused panic in cryptosuite and made bitcoin and other popular crypto currencies to dramatically fall in price.
We will remind that earlier the network Tether, and the token fell into the field of vision of the players after a sharp fall of bitcoin, and as it turned out, a surge of purchases of the cryptocurrency is able to call on the cryptocurrency market serious movement.
Looks like the memory market worked this time, but market participants are not interested in the details, relieving bitcoin and other tokens, listening to the negative external background.
Bitcoin exchange rate today
Technically, the price of cryptocurrency completing work on a new triangle is closer to around 6300 dollars. A slight increase, which is observed today, these attempts are few buyers to use a sharp drop to open new positions at the purchase.
However, they do not look convincing and most likely within a few days the fall will increase.
Also, there are fears that in late September, the SEC did not dare to take a positive decision on a bitcoin ETF. If this happens, then bitcoins could collapse much below $ 5 000 dollars, and with it falls the value of other cryptocurrencies.
Now drop, bitcoin holds the popularity and trust of enthusiasts and investors. Therefore, the approach of October, the market will react to the negativity like the current more aggressive, sending the price of the digital asset to new lows.
The next target for sellers is around $ 6,000, which has repeatedly acted as a good support for the bulls.
Whether this level to survive in the current situation, and will keep you from the global Bitcoin depreciation, we know in October.
Market analyst cryptocurrency
Stock Markets Group™