Bitcoin

The value of the whole cryptocurrency market went down by another 1.6% overnight, reaching $1.137 trillion. In the morning, it briefly went down to $1.113 trillion, which is the lowest it’s been in almost two months.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/ab0430cb2c434687bfa4938b9ae0d038.gif" />Ad. Participate in Trigoz Airdrop &amp; Get $50 worth of OZ Tokens Free <a href="https://docs.google.com/forms/d/e/1FAIpQLSciKgFf70x1zJQZ2nukipsu8lX_21zHvrPbxPTMdmTmEC-CJg/viewform" rel="noopener noreferrer nofollow">Join Now</a>Bitcoin went down by 1.7%, Ethereum went down by 1.2%, and other important cryptocurrencies went down by different amounts, from 0.8% (Cardano) to 7% (Bitcoin Cash).On Thursday morning, Bitcoin went down to $28,300 in light trading but then <a href="https://cryptosheadlines.com/polkadots-dot-token-stays-around-5-35-with-weak-bullish-momentum/" rel="noopener noreferrer nofollow">stayed around</a> $28,600. The drop below $28,800 showed that the bears had more control for now. The next important <a href="https://cryptosheadlines.com/matic-usd-price-struggles-to-rebound-testing-support-levels-ahead/" rel="noopener noreferrer nofollow">levels where the price might find support</a> are around $28,000 and then around $27,200. This is where the 200-day moving average and the support from last November are.<a href="https://cryptosheadlines.com/ethereum-foundation-and-vitalik-buterin-transfer-15k-eth-possible-sign-of-an-ethereum-price-drop/" rel="noopener noreferrer nofollow">Ethereum’s price</a> went back down under $1,800 and checked its 200-day moving average. In March and June, it went up again from this level. But because things are not looking good in the world’s markets and government bond yields are going up, there’s a bigger chance that the price might fall back to around $1,630 like before. <a href="https://cryptosheadlines.com/bears-take-control-in-cryptocurrency-market/" rel="noopener noreferrer nofollow">Read More...</a>

Bears Take Control in Cryptocurrency Market

CryptosHeadlines.com

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