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Bitcoin touches $ 58,000 and then corrects to the 50,000 zone

Today Monday 02/22 begins a week that continues to see a very volatile crypto market with a bitcoin that hits historical highs again and then begins a week with a strong correction of the hand that the altcoins also correct down. As for the different exchange rates quoted in the market, a bitcoin dollar is seen that continues to be exaggerated at $ 166; and a blue dollar and CCL that remain in the average of $ 146 per buyer dollar.

 

Bitcoin in the International Market

 

 

As can be seen in the table, bitcoin is currently trading at USD50,200 which implies a downward variation of more than 5% compared to its closing price of the previous week quoted at USD52,900.

 

At the time of writing, the market capitalization amounts to USD1,587,700 M of which bitcoin represents about USD975,700 M, which represents just over 61%. Regarding the capitalization of previous wheels, it amounted to USD1,630,400 M which shows a decrease of almost 3%.

 

On the other hand, the volume traded for bitcoin in the last 24 hours amounts to USD65,300 M, which represents just over 37% of the total volume traded in the cryptocurrency market, which amounts to USD174,400 M in the last 24 hours. It has increased by almost 15% compared to previous wheels where about USD151,750 were sold

 

Bitcoin in the Local Market

 

Meanwhile in the local market of Argentina it is listed according to CryptoMarket in the $ 8,318,000 which implies a downward variation of 0.5% compared to the closing price of the previous week quoted in the $ 8,360,000

 

Dollar Types

 

Among the different types of dollars listed in the market we see the bitcoin dollar at $ 165.70 above the blue located at $ 147; and the CCL at $ 145.

Chart

 

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    « RSI@tv-basicstudies »

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Evolution of other cryptocurrencies of interest

 

 

Ether is trading in the international market at USD1,600, which implies a downward variation of almost 17% compared to its closing price of the previous week quoted at USD1,925. While in the local square, price taken from CryptoMarket, it amounts to $ 265,500 which implies a downward variation greater than 13% with respect to its closing price of the previous week quoted at $ 305,500.

 

Considering another altcoin we can see that the Lumens (XLM) is trading at USD0.40, which implies a downward variation of almost 22% compared to its closing price of the previous week located at USD0.51. While in the domestic market, price from CryptoMarket, amounts to $ 68, which implies a downward variation of 17.5% compared to its closing price of the previous week, which was quoted at $ 82.43.

 

Another relevant crypto of the ecosystem is the EOS cryptocurrency that rises in the international market to USD4.24, which implies a negative variation greater than 18% with respect to its closing price of the previous week quoted at USD5.18. While in the domestic market, price from CryptoMarket, amounts to $ 715 which implies a downward variation greater than 13% compared to its closing price of the previous day located at $ 823.

Bitcoin touches $ 58,000 and then corrects to the 50,000 zone