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 fact that 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. and the main altcoins are going down, for this July 11 there are some surprises, among which stand out Tezos y Monero with increases of more than 7% in the last 24 hours.
- BTC goes down and falls below USD $21,000.
- Major altcoins are going down on July 11.
- Despite the drop, XTZ y XMR are up with gains gains refer to an increase in value or profit. of 7%.
A new week begins and the crypto winter continues, so after the increase seen in the market at the end of last week, for this July 11, the crypto market is expected to be in the middle of a new week. Bitcoin and the major altcoins are down at the time of editing, although there are some positive surprises among some market players.
Bitcoin drops below USD $21,000 this July 11
We begin our customary report by reviewing the evolution of Bitcoin (BTC), which for this July 11th is down 1.5% in the last 24 hours, trading at USD $20.600 per unit at the time of publication.
According to information published in our section CryptoMarkets DailyBitcoin y CoinMarketCap The fall seen in the price of Bitcoin gives continuity to the evolution seen last weekend, so 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. returns to the downside after the increase recorded on July 7 and 8. For this day we have that, after a peak equivalent to about USD $21,131 per unit, the BTC price began to fall and reached its lowest point shortly after 10:00am when it touched USD $20,346.
On this occasion, the trading volume how much cryptocurrency has been traded over a set period, such as the past 24 hours. seen in the last 24 hours also fell, as it stands at over USD $22.471 billion, down 20% from the previous trading day.
Market an area or arena, online or offline, in which commercial dealings are conducted. goes down on July 11
As is usually the custom in these cases, the fall in the price of Bitcoin also spread a price difference between asking and selling prices of the asset. to the major altcoins this July 11, most of which are down between 2% and 5% in the last 24 hours.
Among the most noteworthy downward cases we have IOTA (MIOTA) as the main loser of the day with losses of 7.5%, followed by RUNE with 6%; UNI with 5.3%; CRV with 4.7% and others with similar percentage drops.
But among the surprises for this July 11 include Tezos (XTZ) and Monero (XMR) which rose more than 7.4% on July 11, despite the trend seen in the market.
The most important news of the day
Below, we share with readers some of the most read news in the last 24 hours:
- Bitcoin more likely to reach USD $10k than $30k, according to investor survey
- Venezuela, Colombia, Brazil and Peru are in the top 20 countries with the highest percentage of crypto owners, according to the UN
- PicPay will allow cryptopayments and Bitcoin purchases to 30 million users in Brazil
- Financial Stability Board to propose crypto regulations to G20 in October
- Manchester City deepens partnership with cryptocurrency exchange businesses that allow customers to trade cryptocurrencies for fiat money or other cryptocurrencies. OKX
To buy cryptocurrencies through DiarioBitcoin
We understand that this is a complex and especially sensitive time in the cryptocurrency cryptocurrencies are digital currencies that use cryptographic technologies to secure their operation. market, but if you are one of the people who see opportunities with the current prices, 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 a decentralized open-source blockchain with smart contracts functionality. ( ETH ) or want to get someTether ( USDT ), all you have to do is access our website CryptoMarkets and click on the currency of interest. In addition to viewing its price, evolution and other market data, you will also find a buy button that will take you to a exchange reputable in which to do business.
We recommend everyone to be very attentive as this possibility will be added soon for a greater number of digital currencies.