A week has passed again and there has not been any significant positive movement created on the cryptocurrency market in general and Bitcoin in particular.
Over the past few days, although the bulls have made an effort to push the price of bitcoin to $ 7,400, it still could not break the small resistance at $ 7,500 and other cryptocurrencies in general continue to weaken.
In the past 24 hours, the price of bitcoin was the lowest at $ 6,752 and the highest was $ 7,282.
Bitcoin price today (April 11) recorded at 9h05 at $ 6,929, down 4.88% from the previous 24 hours.
The market capitalization of bitcoin increased to 126.39 billion USD, the market dominance rate (market share) of bitcoin increased to 64.1% - according to BTA's bitcoin exchange rate.
The red is dyed all over the market, with 97 of the top 100 coins by market value falling compared to the previous 24 hours.
The strongest drop in the last 24 hours was Zcoin with 11.48%. On the upside, Golem is the strongest currency rising, at 5.63%.
In the top 10, there are 9/10 coins discount in the last 24 hours.
The total market capitalization of the digital currency recorded at 9:05 at $ 197 billion, down $ 13 billion from the previous 24 hours.
The market's 24-hour trading volume increased slightly to US $ 151.30 billion, $ 14 billion lower than April 10.
10,000 USD in July?
In the gloomy picture today, many investors feel anxious, but besides, many people still show confidence and optimism for Bitcoin.
In the Money Talks program, crypto investor Daniel has just stated that Bitcoin price will return to the $ 10,000 mark in July and $ 8,000 for this April.
“There is nothing to worry about at the moment, although in March the price of bitcoin has plummeted, if you look at the long-term trend, the price is still very positive and this is also a good opportunity to accumulate more. I am willing to buy more, even this bleak moment. In my opinion bitcoin will retest the area of $ 7,700 - 8,000 this month. ”
Unexpected happenings can happen to bitcoin and no one can be sure where the price of bitcoin will go, time is the only answer. Therefore, investors need to be psychologically prepared when a bad situation occurs.
Ripple integration brings instant payments to Thailand
Azimo digital money transfer service has just partnered with Siam Commercial Bank (SCB), the oldest bank in Thailand.
This partnership brings instant cross-border payment service from Europe to Thailand through Ripple's global payment system, RippleNet.
As announced on April 9, this solution addresses the challenge of expensive and unreliable global payments. These organizations said that through this platform, the transfer of money from Europe to Thailand takes less than 1 minute to complete. Before this, it will take more than 1 business day to complete.
Ledger extends the payment method in partnership with Crypto.com
Leading hardware wallet manufacturer, Ledger, has just allowed customers to pay online via Crypto.com wallet.
As announced on April 9, the company allows payments by Bitcoin, Ethereum, Ripple, Litecoin and Crypto.com Coin via the Crypto.com application.
This is not the first time Ledger has allowed customers to pay in digital currencies. They have accepted Bitcoin, Bitcoin cash, Ehtereum and Ripple payments through the digital payment processing center Bitpay.
BitMEX CEO warned Bitcoin could retest the $ 3,000 area once again
In an article posted on the BitMEX Blog, Arthur Hayes said that when the US stock market witnessed another slump, all types of assets could be in trouble and the Bitcoin price could have a flurry of things. new correction.
In addition, the trader called "Crypto Capo" - who correctly predicted a drop to $ 3,000 low on March 12 - had the same view when once again forecasting that Bitcoin is likely to fall to the range. $ 2,100 to $ 3,000 in the near future.
In the short term, Hayes predicted that the US stock market will grow again thanks to the Federal Reserve's $ 2 trillion stimulus package to prevent a similar collapse in 2008. This has led to growth. stock in recent weeks.
However, historical data shows that in the context of economic chaos, figures in the US stock market often tend to be forged.