Ethereum slips to $ 2 while Bitcoin falls to $ 33,000

Ethereum slips to $ 2,000 while Bitcoin falls to $ 33,000, but risk lurks as other coins slowly depreciate. So keep reading on our latest Bitcoin price news today.

After a few days of adverse price movements, BTC settled at $ 33,000 while most altcoins continued to decline, with ETH slipping back to $ 2,200 and XRP losing more than 5% in one day. The work week went after BTC for a few days as it surged above $ 40,000 to a new $ 26 high of $ 41,375 as the community began preparing for a new upward move that could bring financial assets to $ 50,000 or higher while the bears regain control and BTC begins to lose.

In the coming days, the cryptocurrency fell below the circular numbered price line, leading to yesterday’s low of just under $ 35,000, meaning that BTC has lost over $ 6,000 in just a few days. Since then, the property has rallied and traded several hundred dollars higher, but it looks stagnant and calm so far as the danger still lingers. From a technical perspective, the death crossover with history suggests that more bearish trades are imminent. FUD, on the other hand, is coming from a variety of locations, with Bank of the UK planning to go out of business with two of the biggest players in the industry, Binance and Kraken.

Altcoins have underperformed BTC in the past few days. Ethereum slipped to $ 2 as it lost over $ 400 of its value in a matter of hours. Binance Coin has also lost quite a bit and is now below $ 340, while the situation is similar for other Altcoins with larger cap. On the 24-hour scale, Rippel is down 5% to $ 0.75, Cardano is down 1.5%, DOGE is down 3% and Uniswap is down 2%. Aside from Amp, which has seen a 20% increase in the past day, most other small cap coins have also fallen. Quant leads with a decrease of 8%, THETA by 7% and ThorCHAIN ​​by 6%. The market capitalization of all crypto assets remains below $ 1.5 trillion.

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