Translated material
Bitcoin collapsed in price
The Bitcoin exchange rate for the first time since November 2024 in the moment dropped below 75 thousand dollars. Most altcoins collapsed in price, many coins fell at once by 15% or more, RBC writes .
So, the cryptocurrency of Vitalik Buterin Ethereum was traded below 1.45 thousand dollars, Solana - below $ 100, XRP fell to $ 1.65. After the fall, Bitcoin played a little position and, as of 12:00 Moscow time, is traded at 76.3 thousand dollars.
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During the day, cryptorrhoids lost tens of billions of capitalization, notes the publication. Experts believe that the fall is associated with the growing uncertainty around the economic consequences of the introduction of the United States of trade duties.
“For a moment it seemed that cryptocurrency would remain stable, but, given the round -the -clock nature of the work of crypto, investors woke up on Sunday with the intention of selling,” the head of the finance and cryptocurrency analytics of BTC Markets Charlie Sherry explained the situation to South China Morning Post.
Last week, the cryptocurrency market held his position, despite the fall of the S&P 500. “If these trading duties really lead to a large -scale trade war, it will be very unpleasant for the whole world,” said Coin Bureau, Nick Pacin, the founder and analyst of the Coin Bureau market.
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At the same time, other analysts believe that as soon as the excitement in the markets calm down, prices, at least for cryptocurrencies, will begin to recover.
According to Coinglass, over the past day, against the backdrop of the market falling, crypto traders have lost more than a billion dollars, of which almost $ 650 million - only in the last 12 hours. In total, the losses suffered more than 370 thousand traders selling the largest cryptocurrency sites.
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