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In last 24 hours cryptomarket has seen a significant price drop on everything. According to CoinMarketCap Bitcoin has fall more than 6 percent and trading around 67,500 dollars. With Ethereum the fall percentage was same. Ethereum trading around 3670 dollars and looking to gain old resistances. What can happen in cryptomarket? Which levels should we follow?
Cryptomarket Has Fallen More Than 6 Percent
According to data from CoinMarketCap, the cryptocurrency market has lost over 6 percent in the last 24 hours. Market capitalization fell 6 percent to $2.57 billion. However, Bitcoin also fell 6 percent and fell to $ 68,000. In Ethereum, the decline was over 6 percent and reached $ 3700, losing its old levels.
One of the altcoins that managed to stay intact in the fall was Solana. Solana gained close to 2.8 percent in this decline and maintained its level. Solana, currently trading at $ 180, managed to earn its investors in this period.
In order for the rise and the positive outlook in the market to continue, we need to see closures above $ 69,000 in Bitcoin. At this point, the closures in Bitcoin will guide the direction of the market. Currently, the purchases in Bitcoin, which is trying to hold on to its resistance in the region, look weak.