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.
The price of Bitcoin continues to decline on July 26 and major altcoins are also going the same way. Fears of a possible new interest rate hike by the U.S. Federal Reserve are being felt. FED.
- BTC continues to fall and is now around USD $21,000.
- Major altcoins are also going down on July 26.
- Among the main losers are UNI, which yesterday was listed as the biggest winner.
For this July 26th continues the fall seen in the price of Bitcoin and the main altcoins, which were already down yesterday, but today they continue on this path amid fears and fears before the next report of theReserva Federal de EE.UU. (FED)This is due to the expectations of new increases in interest rates to slow the growth of inflationary indexes.
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 on July 26
We kick off our report this hour by describing the developments seen in the price of Bitcoin. (BTC), the main 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. that as of noon on July 26th continues to fall and is trading at USD $20.965 per unit, a figure that represents a drop of 4.55% in the last 24 hours.
According to information published in our section CryptoMarkets DailyBitcoin y CoinMarketCap The most pronounced drop of the day took place before 9:00pm (New York time) yesterday, when it went from USD $22,140 to around USD $21,024 in the space of just three hours. Since then, the price of Bitcoin remained slightly above $21,000 until 7:00am on July 26th, at which point it fell below the $21,000 barrier until just a few moments ago when it momentarily broke through it.
Unlike yesterday, the daily trading volume how much cryptocurrency has been traded over a set period, such as the past 24 hours. is now above USD $40.22 billion, which is 55.3% higher than last day’s volume, indicating an increase in trading orders across the major exchanges, reflecting an interest in selling in the face of the drop seen over the past 24 hours.
As previously mentioned, this reaction seems to be associated with the expectations about the possible measures to be implemented by the FED given the increase in inflationary levels seen in recent times. A possible increase in interest rates is being considered as a hypothesis, considering that in the mid-June meeting they chose to increase said indicator by 0.75%.
Top altcoins also go down on July 26th
Following Bitcoin’s path, a good part of the main altcoins are also down at noon on July 26th, with some of them dropping quite steeply.
While many of the main altcoins recorded falls of between 4% and 6%, at this time cases such as Ethereum a decentralized open-source blockchain with smart contracts functionality. stand out. (ETH) which loses 9%; Polygon (MATIC) y Apecoin (APE) which are down 10%; followed by Uniswap (UNI) which is down more than 12% from yesterday.
The most important news of the day
Below, we share with readers some of the most read news in the last 24 hours:
- Formula 1 teams had to remove crypto ads during French Grand Prix
- Jefferies downgrades MicroStrategy to “underperform,” Saylor says: “Bitcoin never misses gains”
- SEC probes Coinbase is an American company that operates a cryptocurrency exchange platform. over its cryptocurrency listing the addition of an asset or an asset pair to an exchange. to see if it includes securities
- 2 U.S. senators introduce bill to exempt small crypto transactions from taxation
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 ( 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, performance and other market an area or arena, online or offline, in which commercial dealings are conducted. data, you will also find a buy button that will take you to a exchange businesses that allow customers to trade cryptocurrencies for fiat money or other cryptocurrencies. 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.