May 15, 2021

Bitcoin ends April in negative territory for the first time in 6 years

Bitcoin ends April in negative territory for the first time in 6 years

April for Bitcoin ended in the red zone for the first time since 2015.

In March 2021, the price of BTC soared by 30%, but this month, the first cryptocurrency lost ground. To date, BTC has rolled back to $ 54,300, capitalization has decreased by 3% to $ 1.015 trillion.

Bitcoin ends April in negative territory for the first time in 6 years

Bitcoin options contracts worth $ 4.2 billion also expire today.

Buyers will incur maximum losses if the priceBTC will remain at $ 54,000, and sellers, in this case, will get the most profits. Therefore, it is possible that market makers will try to keep at this level.

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