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The Bitcoin sinks up to a minimum of six months in full massacre of the 'crypts'

Acute falls for Bitcoin of more than 10% on Friday, until closing in 35.$ 700, according to 'CoinmarketCap' data, in the midst of a sales wave in the cryptocurrency market that has led to the most sought -after of digital currencies to mark minimum of six months and, what is more important, to yieldClearly the important support of the 40.000 dollars.The digital asset, which closed Thursday at this price level, after the falls of Wall Street because of Netflix, has continued to drain positions until it touched its worst change since the end of July 2021, while more than 300.000 million dollars have evaporated from the market, whose capitalization is 1.65 billion dollars, compared to 1.98 billion dollars on Thursday, before European opening.

Noticia relacionada
After advertising, the regulators go for the platforms and mining of 'crypts'

As for Ethereum, the second cryptocurrency for stock market capitalization, has fallen 15% in the last 24 hours, until closing on Friday slightly below 2.500 dollars, minimum since the beginning of August 2021.

The rest of the tokens have run the same fate, the cardan10% and 20% negative in the last 24 hours.The price of Dogecoin has also come to precipitate more than 9% to 0.1379 dollars and accumulates falls of more than 25% in the last week, the Siba Inu has yielded around 20% to 0.00002054 dollars dollars.In general, the 'altcoins' have also left minimal for several months.

The descents of cryptocurrencies are an echo of the suffering of the technological sector in the New York Stock. El Nasdaq ha bajado un 7,6% esta semana -la peor desde marzo de 2020-, y el S&P 500 ha cerrado su tercera semana consecutiva de pérdidas.

El bitcoin se hunde hasta mínimos de seis meses en plena masacre de las 'criptos'

Also, with Bitcoin 22% below the price level with which the year started and almost 50% below its November historical maximum, in 69.000 dollars, varias son las razones a las que aluden los expertos para este inicio de año que no hace presagiar nada bueno a los analistas y que pone en duda las predicciones más optimistas.

Escape from risk and regulation assets

When US treasure yields were fired earlier this week, the increase in types forced investors to abandon their positions in higher risk assets.The yields move in the opposite direction of prices.The reduction of stimuli and in hardening of the monetary policy of the US Federal Reserve (FED) is bad for unregulated markets such as 'crypts'.The 'tapering' of the Fed and the increase in interest rates could cause a reduction in world liquidity and, ultimately, affect the price of Bitcoin.

Likewise, the cryptocurrency sector has recently faced several regulatory setbacks such as skepticism about the rapid growth of digital assets worldwide.Cryptodivisas exchanges will be in the spotlight of the US Securities Commission (SEC) in relation to digital assets in 2022.The Central Bank of Russia yesterday proposed the prohibition of Bitcoins mining and the trade of these assets throughout Russia and in the European Union (EU), the European Authority of Securities and Markets (ESMA) is pressing so that the EU prohibits theCryptodiviss mining for assets that use the work test model (POW for the English Proof-Oork) as Bitcoin.

Among the negative news is also told that cryptocurrency funds have seen departures for the fifth consecutive week, the Coinshares digital asset manager said in a report, the net exits of digital asset investment products for the week ended on January 14They amounted to 73 million dollars.

All of the above has generated a perfect storm in the cryptocurious and technical analysis does not predict anything good, since, once the 40.000 dollars, el siguiente soporte de importancia se ubica alrededor de los 30.000 dollars, 28.$ 900 to be exact.

Related news

43% of Bitcoin's 'trading' occurs during US market hours

After advertising, the regulators go for the platforms and mining of 'crypts'

PERFORMED THE SUPPORT OF THE 40.000, Bitcoin has nothing until 28.900 dollars

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