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Markets in the red! Bitcoin slips back to USD $48,000 and major altcoins go lower on Dec. 6

December 6, 2021
Reading Time: 4 mins read
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What is Bitcoin?

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.

Although it is slowly recovering, for this December 6th it briefly fell below USD $48,000, which also affected a good part of the main altcoins.

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***

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. falls back to USD $48,000 on December 6th

A new week has opened and unfortunately there is not very good news for users ofBitcoin ( BTC ), as for the morning of this December 6th 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. recorded a 1.4% drop, trading at around USD $48.484 per unit but falling below USD $48.000 a few minutes ago, but seems to be gradually recovering.

According to data published in our section none , The fluctuations seen at this time are part of the fall registered by the main cryptocurrency cryptocurrencies are digital currencies that use cryptographic technologies to secure their operation. during this weekend, this associated with the large amount of sales seen during the last two days after the uncertainty present in the market an area or arena, online or offline, in which commercial dealings are conducted. in general. It is worth noting that in the last 24 hours the trading volume how much cryptocurrency has been traded over a set period, such as the past 24 hours. exceeds USD $35.604 million.

Bitcoin price evolution this December 6th
Bitcoin price evolution this December 6th
  • Bitcoin plummets 17%, other cryptocurrencies fall, El Salvador takes advantage to buy BTC

Principales altcoins también van a la baja este 6 de diciembre

As it usually happens in these cases, the steep fall in Bitcoin’s price was also felt among the main altcoins in the ecosystem both this December 6 and in the previous days.

At the time of editing, currencies such asEthereum 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 ), Cardano ( ADA ), XRP , Polkadot ( DOT ), Dogecoin ( DOGE ), Shiba Inu ( SHIB ) and others are down, with declines of between 3% and 8% at this hour.

However, there are also cases with more pronounced falls, among which the following stand outTerra (LUNA), which lost 14% after reaching new all-time highs last weekend. It is also followed byAvalanche ( AVAX ), Polygon ( MATIC ) y Crypto.com ( CRO ) with drops exceeding 10% at the time of editing.

Losers for this December 6

Since as of press time there appear to be no winners, below we review which digital currencies had the steepest declines for this December 6:

???? Losing Cryptocurrencies: none WEMIX -24,42% (USD $8,89) none Kadena -20,82% (USD $10,4) none Gala -16,96% (USD $0,45) none Quant -16,68% (USD $156,56) none THORChain -16,11% (USD $7,05)

https://t.co/HsIx58BGZC

— Diario฿itcoin (@DiarioBitcoin) December 6, 2021

To buy cryptocurrencies throughDiarioBitcoin

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 sectionnone 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 ournone 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.


Source:none,CoinMarketCap

Reporte de Angel Di Matteo /DiarioBitcoin

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