The drop was around $2,000
So far, none of the experts has been able to predict exactly how the main cryptocurrency will behave.
Bitcoin soared to $31,800 yesterday in a moment of seemingly solidity above the $31,000 mark that the main cryptocurrency has been struggling to break for the past month.
Several experts at once unanimously declared that overcoming this important mark will allow bitcoin to storm the $32,500 mark with less effort on Friday, July 14th.
Bitcoin collapsed, contrary to optimistic forecasts. The whole market went down
However, no forecasts for bitcoin are a guide to action, because yesterday, after a whole day of being in a new price range, the main cryptocurrency went into a sharp peak.
As a result, in a couple of hours, the rate collapsed from $31,800 to $29,800, that is, by $2,000. During the last 10 hours, the exchange rate fluctuates between $30,200 and $30,300. Some believe that this is a very bad indicator, and now the risk of a collapse to $25-26,000 is high.
All other cryptocurrencies also collapsed: Ethereum fell to $1,900, and now it costs $1,930. This week’s record holder, XRP, which first rose to $0.94 fell to $0.68 and is now worth $0.72.
