September 18, 2020

Bitcoin price plummeted

The price of the cryptocurrency could not gain a foothold above the important mark of $12,000, after which it began to fall.Altcoins suffered even more.

On the night of Wednesday, August 12, the average market rate of bitcoin fell to the level of $11,200.At the moment, it costs $11,325, and has fallen by 4% in the past 24 hours.The price of the asset began to decline after yesterday it again failed to overcome the level of $12,000.

The largest capitalized altcoins are also in the "red zone."Ethereum cost in the last 24 hours fell by 5%, to $372, XRP fell by 8%, to $0.276.Band Protocol has suffered the most in the past 24 hours, losing 15% of thePrices.

The total value of the digital money market over the past24 hours decreased by $ 15 billion, to $ 345 billion. At the same time, cryptocurrency trading volumes increased by $ 12 billion and reached $ 110 billion. The share of bitcoin in the industry dropped to 60.6% with a total number of coins of 6423, according to Coinmarketcap.