Bitcoin Hits Its Lowest Since January

Bitcoin, which has been falling in connection with all other markets, has dropped to 33,300 levels with a decrease of close to 14% in the last 7-day period.

Ethereum, on the other hand, in a 24-hour period 3.5% and per week in a 7-day period 14.3% experiencing a decline 2450 fell to the dollar. The first in the last 7 days according to CoinMarketCap’s list one hundred only cryptocurrencies 7 of them rise was able to show.

Algorand (Algo) 22% up, while Tron (TRX) 15.75%, 1inch Network (1inch) 10.83%, Curve Dao Token (CRV) 7.87%, XDC Network (XDC) %2nd, Zilliqa (BELL) 0.64% and Waves 0.82% experienced an increase.

It is stated that bitcoin, which has been at the lowest prices since January, was highly affected by other markets. While the total value of the cryptocurrency market is falling There is also an increase in volumes. According to many commentators and analysts, this means that the selling pressure will continue, but the “fear and greed index” It has 11 levels.

With the fear and greed index at such levels Cryptocurrency market is generally recovering. 6 in the past year Having reached these levels for the first time, the index experienced a recovery from these levels.

None of the information contained in the content contains investment advice.

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