The Bitcoin exchange rate on Wednesday, October 30, has fallen and on average cryptocurrencies are sold for USD 9258. During the day, its cost fell by more than 2%.
According to CoinMarketCap, the capitalization of bitcoins (the total value of all coins) is $ 166.8 billion, which is almost $ 6 billion less than during the last fall in value that took place on October 26.
Bitcoin exchange rate is changing a lot
Other major cryptocurrency rates are also unstable. So Ethereum, XRP, Bitcoin Cash, Tether are few, but more expensive (by 0.18-1.48%). But the price of Litecoin, EOS, Binance Coin and Bitcoin SV decreased (by 1.01-2.96%).
Interestingly, the cryptocurrency Stellar, which for a very long time occupied the tenth place on the list of the most expensive ones, gave way to the TRON coin. Stellar now costs 0.065160 USD (about 1.64 UAH), and TRON – 0.021162 USD (about 53 kopecks).
Experts believe that the Bitcoin rate will fall. "According to financial scouts, the market will continue its corrective decline in the near future. In this scenario, the price of bitcoins may fall to USD 9,000 and exceed this psychological trail, Ethereum – fall below USD 185, XRP – weaken to USD 0.29, and Litecoin – to USD 58, "says ForexClub forecast.
cryptocurrency – virtual "money". To issue, regulate and verify transfers using encryption technology. Not recognized by most countries in the world.
Bitcoin – The most popular cryptocurrency. Created in 2008 (During the global financial crisis).
As OBOZREVATEL reports:
The Bitcoin exchange rate on Wednesday, September 25, fell to USD 8,400. This is the lowest number since June 2019, when cryptocurrency began to recover after a record breakdown in 2018.
On Friday, September 27, there was another collapse – the rate dropped to 8090 USD. It was predicted that the price of cryptocurrency could fall to USD 6,000.
The Bitcoin rate on Monday, September 30 fell below the psychological level of $ 8,000. The cryptocurrency then costs around USD 7,840.
The Minister of Digital Transformation Mikhail Fedorov plans to legalize cryptocurrency in Ukraine.
The bitcoin rate on Friday-Saturday night on October 26 made an amazing jump of almost 30%, rising to $ 9,600.
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