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Crypto Market Correcting Strongly With High Selling Volume

Today Tuesday 02/23 continues a week that finally sees the crypto market correct downward with a bitcoin that falls below 50 thousand in dollars and in pesos maintaining values ​​without major corrections, which generates a bitcoin dollar at $ 170 with a Very large spread with respect to the blue and the CCL that remain in the average of $ 145 per buyer dollar.

 

Bitcoin in the International Market

 

 

As can be seen in the table, bitcoin is currently trading at USD48,500, which implies a downward variation of more than 3% compared to its closing price of the previous day quoted at USD50,200.

 

At the time of writing, the market capitalization amounts to USD1,464,700 M of which bitcoin represents about USD905,300 M, which represents almost 62%. Regarding the capitalization of previous wheels, it amounted to USD1,587,700 M, which shows a decrease of almost 8%.

 

On the other hand, the volume traded for bitcoin in the last 24 hours amounts to USD107,350 M, which represents almost 40% of the total volume traded in the cryptocurrency market, which amounts to USD270,800 M in the last 24 hours. It has increased more than 55% compared to previous wheels where about USD174,400 were sold

 

Bitcoin in the Local Market

 

 

Meanwhile in the local market of Argentina it is listed according to CryptoMarket in the $ 8,270,000 which implies a downward variation of almost 1% compared to the closing price of the previous day quoted in the $ 8,318,000

 

Dollar Types

 

Among the different types of dollars listed in the market, we see the bitcoin dollar at $ 170.50 above the blue located at $ 147; and the CCL at $ 141.

 

Chart

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    « RSI@tv-basicstudies »

  ], « show_popup_button »: true, « popup_width »: « 1000 », « popup_height »: « 650 », « container_id »: « tradingview_278d2 »});

Evolution of other cryptocurrencies of interest

Ether is traded in the international market at USD1,550, which implies a downward variation of more than 3% compared to its closing price of the previous day quoted at USD1,600. While in the local square, price taken from CryptoMarket, it amounts to $ 268,500 which implies an upward variation greater than 1% compared to its closing price of the previous day quoted at $ 265,500.

 

Considering another altcoin we can see that the Lumens (XLM) is trading at USD0.39 which implies a downward variation of 2.5% compared to its closing price of the previous day located at USD0.40. While in the domestic market, price from CryptoMarket, amounts to $ 68.70 which implies an upward variation of 1% with respect to its closing price of the previous day quoted at $ 68.

 

Another relevant crypto of the ecosystem is the EOS cryptocurrency that amounts to USD3.81 in the international market, which implies a negative variation of more than 10% compared to its closing price of the previous day quoted at USD4.24. While in the domestic market, price from CryptoMarket, amounts to $ 668, which implies a downward variation of almost 7% compared to its closing price of the previous day located at $ 715.

Crypto Market Correcting Strongly With High Selling Volume