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After the furor over the executive order in the U.S., Bitcoin and major cryptocurrencies go down on March 10

March 10, 2022
Reading Time: 5 mins read
0
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.

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 major cryptocurrencies are back to previous levels on March 10 after the furor generated by rumors about the executive order signed by President Biden, which will set the tone for the U.S. government’s approach to digital digital technologies are these electronic tools that have the ability to generate, store or even process data. currencies from now on.

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***

Bitcoin nuevamente por debajo de los USD $40.000 este 10 de marzo

We open our daily price report for the morning of March 10th with a review of the price performance seen in the price of Bitcoin ( BTC ), as after the furor generated yesterday by everything associated with the executive order signed by President Joe Biden, the main digital currency currency is a medium of exchange that defines value. is down again and is trading at about USD $38.897 per unit, registering losses of 6.6% at press time.

According to data published in our section CryptoMarkets The price of Bitcoin was very close refers to the closing price; similar to the same term used in stock trading. to USD $42,000 per unit in the morning hours of yesterday, and from that point its price fell progressively until reaching values close to USD $39,000, a figure around which it oscillated before all the commotion associated with the aforementioned executive order.

Bitcoin price evolution this March 10th
Bitcoin price evolution this March 10th
  • After leaked U.S. executive order, Bitcoin and major cryptocurrencies rise sharply on March 9

The market an area or arena, online or offline, in which commercial dealings are conducted. is emotional and volatile

Whether it’s regulations in the U.S. or the upcoming scenarios in the Russia-Ukraine conflict, the lesson always seems to point to the volatile nature of the price of Bitcoin and the main cryptocurrencies, so it is often difficult to estimate short-term developments in times of particular instability.

Many may be especially confident that Bitcoin or other relevant cryptocurrencies can reach very high prices going forward, but at times when the market is heavily shaken by the current landscape anything can happen. Therefore, we recommend our readers to trade very cautiously especially at this time, and take measures to prevent steep drops from compromising their expected results.

Major altcoins also go down on March 10

As expected, the drop seen in the price of Bitcoin also made itself felt among the main exponents of the market, which for the morning of this March 10 are still on the same path and are going down.

With drops of between 3% and 7% we have the cases of currencies such as Ethereum a decentralized open-source blockchain with smart contracts functionality. ( ETH ), BNB , XRP Cardano ( ADA ), Solana ( SOL ), Avalanche ( AVAX ), Polkadot ( DOT ), Dogecoin ( DOGE ), Shiba Inu ( SHIB ), Polygon ( MATIC ) and many others.

Winners and losers for March 10

Finally, according to our section CryptoMarkets, these would be the currencies with the most notable fluctuations at the time of editing:

???? Winning Cryptocurrencies:$HEX HEX 15,97% (USD $0,13)$RUNE THORChain 7,71% (USD $5,03)$XEC eCash 5,8% (USD $0,00007682)$CBG Chainbing 5,6% (USD $33,25)$LEO UNUS SED LEO 2.53% (USD $5.8)

https://t.co/HsIx58BGZC

— Diario฿itcoin (@DiarioBitcoin) March 10, 2022

???? Losing Cryptocurrencies:$XMR Monero -11.49% (USD $171.15)$AR Arweave -8,47% (USD $33,49)$FTM Fantom -8,18% (USD $1,28)$ONE Harmony -7,31% (USD $0,13)$CRV Curve DAO decentralized autonomous organization, system of rules that define how a decentralized organization should operate and which actions it should take. Token a digital unit designed with utility in mind, providing access and use of a larger crypto economic system. -7.01% (USD $2.01)

https://t.co/HsIx58BGZC

— Diario฿itcoin (@DiarioBitcoin) March 10, 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.

Buy button to purchase cryptocurrencies
Buy button to purchase cryptocurrencies

We recommend everyone to be very attentive as this possibility will be added soon for a greater number of digital currencies.


Source: CryptoMarkets , CoinMarketCap

Reporte de Angel Di Matteo / DiarioBitcoin

Imagen de Unsplash

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