Bitcoin (BTC) falling; Red cryptocurrencies (image: ISTOCK)
THE Bitcoin (BTC) It operates a slight drop of just over 1% on Monday (23), being negotiated close to $ 101 thousand. It is worth mentioning that, during the weekend, the largest cryptocurrency From the world even broke the price support level of $ 100,000.
Thus, the main cryptocurrencies also follow in a negative tone, with losses that exceed 2% today.
In the global macroeconomic scenarioto the scholarship Asian closed up, while European indices opened without a definite direction. Wall Street futures, in turn, record appreciation.
Investors follow the climbing on tensions in the Middle Eastwith the official entry of United States in the conflict between Iran and Israel.
With this, there was a worsening perception of risk among global assets, causing widespread panic-but which dissolved throughout the morning of Monday.
The drop in bitcoin over the weekend to the level below the $ 100,000 led to US $ 1 billion in settlements of future market contracts, according to sector analysts. However, the recovery of this psychological support shows the continuous appetite of investors by cryptocurrencies.
According to the analysts of QCP Asiathe drop was intensified by low weekend liquidity, added to last Thursday’s holiday in the United States.
See the performance of the ten largest cryptocurrencies in the world today:
| # | Name | Price | VAR 24h % | VAR 7D % | Var Ytd % |
|---|---|---|---|---|---|
| 1 | Bitcoin (BTC) | US $ 101,357.37 | -1.33% | -5.20% | 8.52% |
| 2 | Ethereum (eth) | US $ 2,254.35 | -0.80% | -13.89% | -32.33% |
| 3 | TETHER (USDT) | US $ 1.00 | -0.01% | 0.03% | 0.22% |
| 4 | XRP (XRP) | US $ 2.00 | -0.85% | -10.55% | -3.79% |
| 5 | BNB (BNB) | US $ 617.40 | -2.06% | -5.65% | -11.93% |
| 6 | Solana (Sol) | US $ 134.19 | 1.13% | -14.08% | -29.08% |
| 7 | USDC (USDC) | $ 0.9998 | -0.02% | 0.00% | -0.01% |
| 8 | Tron (TRX) | US $ 0.2670 | -1.93% | -1.31% | 5.05% |
| 9 | Dogecoin (doge) | $ 0.1518 | -2.18% | -14.04% | -51.91% |
| 10 | Cardano (ADA) | US $ 0.5429 | -0.19% | -15.85% | -35.65% |
Source: Coin Market Cap
Bitcoin (BTC) against the macroeconomic scenario
Last Saturday (21), the United States bombarded alleged nuclear targets in Iran, generating concern with the intensification of tensions in the region.
In response, the Iranian parliament approved the closure of the Ormuz Strait, Route where something between 15% and 30% of global oil production goes through.
Consequently, the price of oil advances more than 1% today. THE Brentinternational reference, reached $ 78 per barrel during the holiday. Despite a slight improvement in global feeling this morning, tension persists among investors.
On the agenda of the coming daysinvestors follow the dissemination of consumer confidence data and the price and consumer cost index numbers (PCE), the preferred inflation data of the Federal Reserve (Fed, the Central Bank of the United States) to support the decision on interest there.
Source: Moneytimes
I am an author and journalist with a focus on market news. I have worked for a global news website for the past two years, writing articles on a range of topics relating to the stock market. My work has been published in international publications and I have delivered talks at both academic institutions and business conferences around the world.
