Bitcoin and cryptocurrency are still in freefall, but a new currency is being born that gives hope: how much does it cost to trade


Bitcoin (BTC) closes the week with a slight drop each time the price falls below 19,000 u$, till in the rest of the cryptocurrency market they followed with mixed results.

Based on information from CoinMarketCap, the price BTC fell 1.5% in the last day and left its price in range 18,900 US dollars. In turn, Ethereum (ETH) is the main loser of the day 1% drop in the last 24 hours to keep its price 1290 US dollars.

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At the weekly level BTC continues its negative streak with a 4% drop ETH is painted all red and is priced 11% lower than last week.

a new cryptocurrency is born

In this context, a fork in the chain has been confirmed Cardano (ADA) was successful and that its new version of Cardano Vasil will be able to be installed without problems and with significant system improvements.

It is about a hard fork which will allow the network to transfer blocks without full confirmation, allows faster building blocks and increases the efficiency of decentralized applications (Dapps) development.

Following the announcement of the successful launch, Cardano’s ADA coin rose almost 4% to $0.46.although it has lost value again in the last few hours and is down 0.3% in the last 24 hours.

SMALL CRYPTOCURRENCY RECOVERY

Finally, ten cryptocurrencies with the largest market volume they open the day to level but compounded returns range from 2% to 12% more according to data from CoinMarketCap.

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Best case still Ripple (XRP)what registered a 12% increase in the last 24 hours and left the price 0.5 u$. As for the rest of the quotes, the prices varied as follows:

  • sun (sun): $31 (down 1%)
  • Cardano (ADA): $0.44 (down 0.3%)
  • Binance Coin (BNB): $274 (1.4%)
  • Dogecoin (DOGE): 0.06 u$ (comes to 1.7 percent)

This is how the cryptocurrency market opened up.

On a weekly basis, almost all major cryptocurrencies are negative: ADA decreased by 1 percent SOL 3% and BNB 0.5% lower than its price compared to last week. Only XRP i.e DOGE reported positive results in the last 7 days, and the number has increased 50% and 1 percent, respectively.

Bitcoin fear or greed index.

Finally, Bitcoin fear or greed index is marked 20 points, which reflects a situation of extreme fear and predicts that the market will be slower in the near future.

Source: www.cronista.com

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