Bitcoin has fallen in price by 30%!

The price of the most popular crypto currency Bitcoin fell to $ 5620.690 at the beginning of trading on Monday, having lost about 30% of the maximum value of Thursday at $ 7866.94. This decline is attributed to the cancellation of the next hardfork, as a result of which the bitcoin holders hoped to receive new coins. This caused an increase in demand for altcoin. See Bitcoin is preparing to end the week with a decline. Altcoin is growing.

Fig.1 – Chart BTC/USD, current price – $ 6425.310.

Due to the demand for Bitcoin analogues, the price of Bitcoin Cash at the opening of trading on Monday increased by 40% and reached $ 1,524.87, but then fell sharply because of the profit taking by investors, losing more than half of the earned positions.

Fig.2 – Chart BCH/USD, current price – $ 1175.70.

A similar situation on the market occurred with DashCoin, whose price increased by about 37% and reached $ 493.00 per coin, but then also went down because of the profit-taking by investors.

Fig.3 – Schedule DSH/USD, current price – $ 438.86.

Alexander Sivtsov