Cryptocurrency prices today..Bitcoin continues to collapse

Cryptocurrency prices today..Bitcoin continues to collapse
Cryptocurrency prices today..Bitcoin continues to collapse
Today, Thursday, December 30, 2021, cryptocurrency prices continued to decline for the fourth consecutive day, due to profit-taking.

The market capitalization of the cryptocurrency market declined at the beginning of today’s trading, by 2.26%, to reach $2.20 trillion, with a volume of trades in the last 24 hours, which recorded about $96.37 billion.

According to a technical study, Bitcoin breached the upper bound of the so-called triangle pennant pattern and consolidated its performance above the 20-day moving average.

While this points to the possibility of further gains ahead, other technical signals are identifying the $53,000-55K area as a potential test of bullish strength.

Cryptocurrency-related stocks in Asia, such as Wori Technology Investment, Remixpoint, and Ceres, received a significant boost from the recent performance of Bitcoin, which rose by 76 percent. % since the beginning of this year, and is heading to achieve further gains for the third year in a row.

Cryptocurrency rates today

The price of the digital currency Bitcoin BTC fell by 1.70% to reach $47040.69.

The price of the Ethereum coin (ETH) fell by 2.47% to $3714.49.

The price of the Binance coin BNB decreased by 3.32% to reach $519.29.

The price of the cardano ADA coin fell by 5.95% to record $1.34.

XRP fell 2.45% to $0.8351.

The price of the Polkadot DOT coin fell by 3.44% to $27.28.

The price of DOGE (Dogecoin) fell 2.38% to $0.1719.

The price of the Litecoin (LTC) currency decreased by 0.64% to reach $147.16.

The Chainlink LINK coin price fell 4.61% to $19.79.

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