Bitcoin fell to its lowest level since December 2020 to start the trading week, as crypto markets continue to plunge. ETH also fell considerably on Monday, as prices declined by over 16%, falling below $1,200 in the process.
Bitcoin fell to its lowest level since December 2020 on Monday, as crypto markets plunged to start the week.
Markets sold off over the weekend following an unexpected rise in U.S. inflation, with price declines carrying over into the new trading week.
BTC/USD fell to an intraday low of $23,607.69 earlier in today’s session, which is its lowest point in over sixteen months.
Overall, prices have declined for seven consecutive sessions, falling by over 24% within that time frame.
The most recent drop comes as BTC moved past its long-term support point at $25,200, with some expecting prices to fall to as low as $19,000.
As of writing, the 14-day RSI is tracking at 27, however it looks as though it could be moving towards a floor of 24.50.
Le règlement DORA : un tournant majeur pour la cybersécurité des institutions financières Le 17…
L’Agence nationale de la sécurité des systèmes d'information (ANSSI) a publié un rapport sur les…
Directive NIS 2 : Comprendre les nouvelles obligations en cybersécurité pour les entreprises européennes La…
Alors que la directive européenne NIS 2 s’apprête à transformer en profondeur la gouvernance de…
L'intelligence artificielle (IA) révolutionne le paysage de la cybersécurité, mais pas toujours dans le bon…
Des chercheurs en cybersécurité ont détecté une intensification des activités du groupe APT36, affilié au…
This website uses cookies.