UNITED STATES (OBSERVATORY) – Crypto currency bitcoin on Tuesday slightly decreases in price, consolidating near the mark of 6.3 thousand dollars in anticipation of the decision of the US authorities to launch a crypto-currency exchange investment fund (ETF), according to the data of the auction.
According to the portal CoinMarketCap, which calculates the average price of more than 20 exchanges, as of 8.45 Moscow time, bitcoin has decreased by 2.38% – up to 6.34 thousand dollars. At the largest on the volume of trading in the Crypto-currency exchange Binance, bitcoin was down in price by 2.41% – up to 6.309 thousand dollars.
Other crypto currencies supported the negative trend of bitcoin: Ethereum is cheaper by 7.58% – to 278.14 dollars, Ripple – by 4.74%, to 0.3275 dollars, Bitcoin Cash – by 7.78%, to 522.24 dollars. According to CoinMarketCap, the market capitalization of crypto-currencies is currently $ 207 billion. Bitcoin accounts for approximately 52.7% of the entire market of crypto-currencies.
Uncertainty in the market of crypto-currencies is due to the fact that the US authorities postponed the decision to launch a crypto-currency exchange investment fund (ETF) earlier this month, and so far the situation in this direction has not cleared up.
At the same time, analysts say that bitcoin is beginning to regain its share in the crypto currency market after it has been below 50% for some time. Managing Director of WhitePark Capital Vladislav Shabanov in an interview with Cointelegraph noted that bitcoin is recovering its share, as traders are interested in quality investments.
“We have seen several significant corrections in the market, and we believe that there will be even more similar to the way the market will finally form,” the expert adds.