Bad Start: Bitcoin Crashes Below $3,600
The week on the cryptocurrency market began with another collapse. All top cryptocurrencies are trading in the red zone. Bitcoin has fallen below $3,600.
At the weekend, another collapse began in the cryptocurrency market, which lasted until Monday morning. Each of the top 10 cryptocurrencies is trading in the red zone. According to Coinmarketcap, in the last 24 hours, BTC fell 1.88%, and at the time of publication reached $3,593.
Ripple still holds second place by market capitalization. Over the past 24 hours, XRP fell by 1.92% and is now standing at a mark of $0.325293. At this time, the price of Ethereum has fallen by 5.13% to $119.
Bitcoin Cash is also in the red zone. The price of cryptocurrency decreased by 5.34% and at the time of publication reached $127.
Among the top 10 cryptocurrencies, only Tron showed growth. TRX has grown by 6.77% in the last 24 hours to $0.024365.
- Anthony Grisanti, a former trader at Bear Stearns and an analyst at CNBC, is confident that the BTC price may soon collapse to $3,000. If this happens, the massive sale-off will begin on the market and the price could go even lower.