While Bitcoin and the market remain in the red, Cardano partially rises this January 7 – DiarioBitcoin

For Angel Di Matteo @shadowargel

Even if Bitcoin and the main altcoins continue to decline this January 7, what has been seen does not seem to apply to Cardano which is partially recovered at the time of editing.

***

Bitcoin and the main cryptocurrencies continue to decline this January 7

The fall in the markets continues and we open our price report for this January 7, reviewing the evolution of Bitcoin (BTC), digital currency that continues to decline and is trading at the time of publication at about USD $ 42,352 per unit, losing around 2% of its price in the last 24 hours.

As can be seen in our section CryptoMarkets, the price of Bitcoin seems to continue the downward trend seen in recent days, which analysts associate with the protests in Kazakhstan and the plans of the FED to modify bank interest rates in the US These events are making their weight felt in the market of the main cryptocurrency, which does not yet seem to find support amid such uncertainty, and which a few hours ago was below the USD $ 41,500 per unit.

Bitcoin price evolution this January 7
Bitcoin price evolution this January 7

Market feels the weight of the fall

As many can imagine, this situation does not exclusively affect Bitcoin, since a good part of the main cryptocurrencies are also going down this January 7, continuing with the fall seen in recent days.

Such is the case with coins like Ethereum (ETH), Binance Coin (BNB), Solana (SOL), Polkadot (DOT), Avalanche (AVAX), Dogecoin (DOGE) and many others, which capitalize on falls between 1% and 5% in the last 24 hours.

Cardano goes up

However, this does not seem to be the case for other exponents of the cryptocurrency market, which contrary to all forecasts are on the rise for this January 7.

Among these, the case of Cardano (THERE IS), digital currency of said network, which increased 4% in the last 24 hours. Although there is no specific event or announcement to which this result can be linked, the truth is that the user base of the network and the cryptocurrency has been increasing progressively in recent months, all amid expectations for evolution and adoption of the project facing the not too distant future.

Losers for this January 7

Finally, with the exception of certain cases, below we review which were the digital currencies with the most pronounced losses for this January 7:

To buy cryptocurrencies through Daily bitcoin

If you are one of those who see opportunities and want to acquire cryptocurrencies at this time of special evolution, we remind you that our section CryptoMarkets Buttons are now available so you can buy your favorite digital currencies.

If you want to purchase Bitcoin (BTC), prefer to buy Ethereum (ETH) or do you want to get some Tether (USDT), you just have to access our page CryptoMarkets and click the buy button. We recommend everyone to be very attentive since this possibility will be incorporated soon for a greater number of digital currencies.

boton de compra criptomercados


Fountain: CryptoMarkets, CoinMarketCap

Picture of Unsplash

We would love to thank the author of this post for this incredible web content

While Bitcoin and the market remain in the red, Cardano partially rises this January 7 – DiarioBitcoin

Dispensary Business News