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Bitcoin price fell below $ 33,000. Market capitalization fell to $ 972 billion

The first cryptocurrency continued to decline, dropping the level at around $ 33,000. Over the course of the day, Bitcoin fell by 6.4%, according to CoinGecko.

The chart below shows a strong downward movement against the backdrop of a surge in trading volumes. At the time of writing, digital gold is trading at around $ 32,800.

Bitstamp Hourly BTC / USD Chart by TradingView.

The top ten assets by market capitalization also sank in price. Ethereum has fallen in price by 6.7% and is trading at around $ 1250, although a few days ago its price has renewed its all-time high.

Data: CoinGecko.

The total market capitalization fell to $ 1 trillion. According to CoinGecko, the figure is $ 972 billion.

Earlier, JPMorgan analysts noted the importance of securing the bitcoin price above $ 40,000.

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Fidenge Pecold

My profession is a journalist, but my hobby for 8 years has been studying Forex investing and trading. During this time, I managed to gain extensive experience in investing and trading cryptocurrencies and double my capital in the Forex market. To be the author of this magazine, the site owners invited me to participate in one of the 2020 trading webinars, and I will try to reveal the most relevant crypto market news for you.

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