Bitcoin is the first successful internet money based on peer-to-peer technology; whereby no central bank or authority is involved in the transaction and production of the Bitcoin currency. It was created by an anonymous individual/group under the name, Satoshi Nakamoto. The source code is available publicly as an open source project, anybody can look at it and be part of the developmental process.
Despite the good expectations about the future of Bitcoin, unfortunately this one still fails to take flight this January 5, contrary to what is happening today with Internet Computer, which increased by more than 15%.
Bitcoin the biggest and most popular cryptocurrency in the world. It is a decentralized digital currency that enables users to make trustless peer-to-peer transactions. continues to decline this January 5
We open our usual price report for this January 5th highlighting once again the drop seen in the price of Bitcoin ( BTC ) today, as it has posted a 0.7% loss in the last 24 hours and is trading at around USD $46.235 at the time of writing.
As you can see in the data published in our section CryptoMarkets , the price of Bitcoin in general terms continues to fall for this January 5th, with a good part of the day below USD $47,000 per unit. The drop seen a few hours ago is especially noteworthy, as it seemed that the price was rising again, but it went down after surpassing USD $46.800 until reaching the aforementioned values.
Good prospects for the future?
Despite the not so favorable results seen these first days of 2022, for analysts and enthusiasts of the digital digital technologies are these electronic tools that have the ability to generate, store or even process data. currency currency is a medium of exchange that defines value. seems to be very clear that in the medium / long a situation where you buy a cryptocurrency with the expectation of selling it at a higher price for profit later. term this picture can change, and again resume upward trend to reach the coveted USD $ 100,000 per unit.
Among the entities that support the opposite of Resistance, it is a threshold that crypto’s price doesn’t fall below. this theory now joins the international bank Goldman Sachs, which indicates in a recent report that Bitcoin could reach that price as long as certain conditions are maintained, among which highlights the reduction of capital capital is most commonly defined as the large sum of money you would use to invest. seen in the gold market. This reading suggests that the digital currency would be fulfilling its role as a store of value, but this requires greater institutional participation than is currently registered in the markets.
In addition to Goldman Sachs, personalities such as Nayib Bukele, Max Keise, Michael Saylor and many others are clear that Bitcoin could exceed $100,000 by 2022, and even go much higher as long as the amount of capital participating in this ecosystem increases.
Major altcoins are going down
Despite the good outlook for the price of Bitcoin, the fall and instability seen in its price has also been felt among many of the exponents of this market.
Such is the case of coins like Ethereum a decentralized open-source blockchain with smart contracts functionality. ( ETH ), Binance Coin a coin can refer to a cryptocurrency that can operate independently or to a single unit of such cryptocurrency. ( BNB ), Solana ( SOL ), XRP , Terra ( LUNA ), Avalanche ( AVAX ), Dogecoin ( DOGE ), Shiba Inu ( SHIB ), Polygon ( MATIC ) and many others, which registered drops between 1% and 4% for the morning of January 5th.
However, this does not appear to be the case for Internet Computer ( ICP ), currency that today registered an increase of more than 15%, a figure that is accompanied by a significant rebound in the volume how much cryptocurrency has been traded over a set period, such as the past 24 hours. of daily trading operations, which increased by more than 94% in the last 24 hours.
Winners and Losers for this January 5th
Finally, below we review which digital currencies had the steepest fluctuations for this January 5:
— Diario฿itcoin (@DiarioBitcoin) January 5, 2022
???? Losing Cryptocurrencies:$SPELL Spell Token a digital unit designed with utility in mind, providing access and use of a larger crypto economic system. -7,63% (USD $0,02)$YFI yearn finance -6,86% (USD $36 223,75)$MIOTA IOTA -5,09% (USD $1,28)$AAVE Aave -4,9% (USD $253,05)$ROSE Oasis Network a network refers to all nodes in the operation of a blockchain at any given moment in time. -4,59% (USD $0,41)
— Diario฿itcoin (@DiarioBitcoin) January 5, 2022
To buy cryptocurrencies through DiarioBitcoin
If you are one of those who see opportunities and want to buy cryptocurrencies in this moment of special evolution, we remind you that our section CryptoMarkets buttons are now available for you to buy your favorite digital currencies.
If you wish to purchase Bitcoin ( BTC ), prefer to buy Ethereum ( ETH ) or want to get someTether ( USDT ), you just have to access our CryptoMarkets and click on the buy button. We recommend everyone to be very attentive as this possibility will be added soon for a greater number of digital currencies.
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