This April 23 the Bitcoin and cryptocurrency market dawns dyed red. A decline of more than two percentage figures in almost all crypto assets is summarized in a fall of more than 12% in the capitalization of the entire market, which loses the value of USD 2 trillion. Bitcoin, specifically, is experiencing a drop that brings it back to early March levels. After having reached a new historical maximum price of $ 64,800 on April 14, today bitcoin is 25% below the levels of 9 days ago. USD 47,881 is the lowest price at which the cryptocurrency fell this morning, a price that it had not presented since March 6. At the time of writing, it has a rebound that places it at $ 49,928.
As if this weren't enough, bitcoin's dominance has fallen below 50% for the first time since 2018, the data shows. The ratio that measures the capitalization of bitcoin over the rest of 'altcoins' stood at 48% on Thursday, although it has already recovered to 51%.
This for experts in the field of virtual currencies and their commercial effects.
Thank you for Read me, Upvote Resteem and Follow @maxili63