The descent of Bitcoin

The major currencies continue to decline, so much so that the total capitalization market is at 65 billion dollars, 50 billion less than a month ago.

When you line up a series of dominoes and push the first one with your hand, the rest of the tiles will fall continuously and quickly. The same is happening with the criptomonedas. The announcements of a probable division of Bitcoin have caused alarms and have affected the whole system of the criptomonedas. This Sunday not only fell Bitcoin but 94 of the top 100 criptomonedas. The market capitalization of all of them, which a month ago was worth 116 billion dollars, is now 65 billion dollars, that is, over 50 billion dollars less. This is a dramatic fall, which many have anguished, selling what they have, while others claim that it is nothing more than an investment opportunity because the market will rise.

Let's count how the major currencies have fallen:

When it's 8:00 am in New York, Bitcoin is down 6.46% from Saturday and 24.60% from the previous week. Its price is $ 1941.85, its lowest value since May 19. The number of operations is 949 million dollars and its market capitalization of 31 billion dollars (ie, the market lost approximately 15 billion in a month).

The Ethereum case is more serious: it fell 20.14% from yesterday and 12.92% from last week. Its value today is $ 148.69, less than half the price it had a month ago. The number of operations exceeds $ 941 million and its capitalization market reaches just $ 13 billion, when it had managed to exceed $ 36 billion in mid-June.