The drop in the price of bitcoin (BTC): The value of the first cryptocurrency continued to decline and fell to levels below $91 000, and at one point even below $90 000 for the first time in seven months. The decrease from the record highs reached in October exceeded 26%. According to Bin..ce, in the last 24 hours, the dip amounted to about 4.52%.
Market Analysis: Against the backdrop of declining activity, large holders (, so-called "whales" ), are showing signs of accumulating Bitcoin, which may indicate strategic positioning during the market downturn. Analysts at JPMorgan suggest that Bitcoin may have already reached its "bottom" and is preparing to compete with gold. New financial instruments: The company "T-Investments" has provided investors access to cash-settled futures contracts on Bitcoin indices (MOEXBTC) and Ether (MOEXETH) from the Moscow Exchange. These instruments are available only to qualified investors. Situation with altcoins: There are also negative sentiments in the altcoin market. For example, HBAR has broken through a key support level amid the prevailing "bearish" trend. Total liquidation volume: Recent market fluctuations have led to a significant volume of liquidations of traders' positions, highlighting the high volatility of the market.
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The drop in the price of bitcoin (BTC): The value of the first cryptocurrency continued to decline and fell to levels below $91 000, and at one point even below $90 000 for the first time in seven months. The decrease from the record highs reached in October exceeded 26%. According to Bin..ce, in the last 24 hours, the dip amounted to about 4.52%.
Market Analysis: Against the backdrop of declining activity, large holders (, so-called "whales" ), are showing signs of accumulating Bitcoin, which may indicate strategic positioning during the market downturn. Analysts at JPMorgan suggest that Bitcoin may have already reached its "bottom" and is preparing to compete with gold.
New financial instruments: The company "T-Investments" has provided investors access to cash-settled futures contracts on Bitcoin indices (MOEXBTC) and Ether (MOEXETH) from the Moscow Exchange. These instruments are available only to qualified investors.
Situation with altcoins: There are also negative sentiments in the altcoin market. For example, HBAR has broken through a key support level amid the prevailing "bearish" trend.
Total liquidation volume: Recent market fluctuations have led to a significant volume of liquidations of traders' positions, highlighting the high volatility of the market.