Bitcoin Below $45,000 – Subdued Crypto Market Sentiment

Illustration of different cryptocurrencies

Frankfurt Although many crypto investors were able to report some considerable gains with their investments on a weekly basis, the mood on the crypto market was rather subdued at the end of the week. Bitcoin failed to hold the $45,000 level it conquered on Thursday, falling back to around $43,000.

Many coins have recently risen in double digits: after the bumpy start to the year, Bitcoin, for example, rose by more than eleven percent by Friday afternoon, Ripple by as much as 31 percent, Avalanche by almost 24 percent and Shiba Inu by almost 48 percent.

But then the mood on the market clouded over again. Bitcoin lost 3.4 percent within 24 hours between Thursday and Friday afternoon, Ether four percent, Ripple 5.7 percent and Solana 5.2 percent.

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