The cryptocurrency market as a whole is once again blanketed in red, with Bitcoin falling to a multi-month low.
Bitcoin’s price has tanked for four consecutive days, breaching the psychological support level of $35,000. The probable freefall will drag BTC down to the $33,000 support level if sellers maintain this decline.
According to CoinGecko, the most popular and largest cryptocurrency by market capitalization lost 4.5 percent during the past 24 hours, breaching a crucial support level and posting a daily low of $34,405.
The market capitalization of Bitcoin fell to $657 billion, CoinMarketCap data show. As of March 28, this number exceeded $900 billion.
Suggested Reading | APE Takes A Beating As It Sheds 50% Of Its Price
The price of BTC has crashed for four straight days, breaking past the psychological support level of $35,000. (TechnoPixel)
‘Extreme Fear’ For Bitcoin
BTC is presently selling at approximately $34,515, down roughly 10% in the past week and down 40% year-to-date.
The Bitcoin Fear and Greed Index reached a level of “extreme fear” as a result of a ..
Support the originator by clicking the read the rest link below.
