April 25, 2024

Cryptocurrencies rolled back down after the assault by Bitcoin $ 50,000

Major cryptocurrencies retreated slightly on Wednesday after Bitcoin's price rose for the first time in history.exceeded the $ 50,000 mark. Positive dynamics and the storming of new highs were observed against the background of a predominantly news background, in particular, due to interest in Bitcoin from Tesla.

In addition, it became known that the crypto exchangeCoinbase opens a waiting list for Ethereum 2.0 staking rewards. Users interested in blocking all or part of their assets in this cryptocurrency can register to earn up to 7.5% per annum.
At the same time, unfavorable news forXRP token was reported that Ripple was unable to reach an agreement with the US Securities and Exchange Commission (SEC) on a pre-trial settlement of the dispute - the parties’ lawyers were unable to reach a common agreement after discussing the settlement before the start of the trial.

As a result, the Bitcoin exchange rate per day, according toForex Club decreased by 0.1% to $49,644 with a capitalization of $923.1 billion. Ethereum fell in price by 3.9% to $1,753 with a capitalization of $201 billion. Due to negative corporate news, XRP immediately dropped in price by 10.6% to $0.5152, its capitalization amounted to $23.3 billion. Litecoin weakened by 4% to $208.9 with a capitalization of $13.9 billion.

The total cryptocurrency market capitalization reached $ 1.49 trillion.

Probably in the near future the market maythere is a short-term correction, and in the future, it is possible that cryptocurrencies will go to new highs. In a favorable scenario, bitcoin has every chance to rise again above $ 50,000, Ethereum can grow to $ 1,800, and Litecoin - up to $ 215. The only exception will most likely be XRP, which risks dropping to $ 0.5 due to corporate negativity.

Analytical group Forex Club – partner of Alfa-Forex in Russia