For the morning of this April 18 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. The market an area or arena, online or offline, in which commercial dealings are conducted. has seen a sharp drop, which also extends to the major market players with at least $270 million in settlements in the last 24 hours.
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Bitcoin drops below USD $40,000 this April 18
Easter week is officially over and we open our price report for this Monday, April 18, reviewing the evolution seen in the price of Bitcoin ( BTC ), a 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 surprisingly recorded a remarkable fall in the last 24 hours, trading at USD $39.436 per unit and losing about 2.87% compared to yesterday.
According to data published in our section CryptoMarkets It can be seen that the fall had its origin yesterday afternoon, since from 3:00 pm (New York time) the price of the digital currency began to go down, and then fell below the barrier of USD $ 40,000 per unit. However, the most pronounced drop came shortly before midnight when it went from USD $39.664 to USD $38.916 in a short a trading technique in which a trader borrows an asset in order to sell it, with the expectation that the price will continue to decline. In the event that the price does decline, the short seller will then buy the asset at this lower price in order to return it to the lender of the asset, making the difference in profit. period of time.
The data suggests that the drop was accompanied by a significant rebound in trading volume, which in the last 24 hours stands at over USD $28.12 billion according to the figures recorded by the most reputable exchanges. Although the price has partially recovered, the data seems to indicate that the price may still fall in the coming hours, so we invite readers to be very vigilant and take the measures they deem appropriate to avoid adverse results.
Cryptomarket also goes down on April 18th
As it usually happens in these cases, the fall seen in the price of Bitcoin was also felt among the main exponents of the crypto market for the morning of April 18, generating a sort of domino effect that also affected many of the most reputable digital currencies in the ecosystem.
With falls of more than 4% we have the cases of Ethereum a decentralized open-source blockchain with smart contracts functionality. ( ETH ), XRP Solana ( SOL ), Cardano ( ADA ), Avalanche ( AVAX ), Dogecoin ( DOGE ), Polkadot ( DOT ), Shiba Inu ( SHIB ), Polygon ( MATIC ) and many others.
A report published by the research and market analysis firm, Coinglass, reveals that the drop was accompanied by liquidations of at least 79,500 trading positions, which together capitalized some USD $237 million in trading in the last 24 hours.
Winners and losers for April 18
Finally, according to our section CryptoMarkets these would be the currencies with the most pronounced fluctuations at the time of editing:
???? Winning Cryptocurrencies:$DCR Decred 20,41% (USD $68,96)$XCN Chain 6,51% (USD $0,11)$GMT STEPN 5,14% (USD $2,64)$LUNA Terra 2.42% (USD $83.29)$STX Stacks 2,34% (USD $1,2)
— Diario฿itcoin (@DiarioBitcoin) April 18, 2022
???? Losing Cryptocurrencies:$HEX HEX -10,84% (USD $0,12)$FTT FTX Token a digital unit designed with utility in mind, providing access and use of a larger crypto economic system. -10,82% (USD $41,75)$EOS EOS -9,97% (USD $2,35)$ZIL Zilliqa -9,62% (USD $0,1)$FIL Filecoin -9,55% (USD $19,14)
— Diario฿itcoin (@DiarioBitcoin) April 18, 2022
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 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.
Source: CryptoMarkets , CoinMarketCap
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