Bitcoin Cs price weak for a week

Jakarta, – Today’s cryptocurrency news reviews the slow price action of Bitcoin Cs in a week.

price Bitcoin And other top-tier cryptocurrencies have been under pressure for the past week. Even during 2022, the price of Bitcoin or BTC fell by 61 percent.

So what is the movement and the factors causing it, let’s take a look at today’s cryptocurrency news review.

Lack of Positive Sentiment, Bitcoin and Ethereum Prices Slowly Compressed for a Week – Crypto News Today

Bitcoin price He seemed inactive for a week. Even during 2022, the price of bitcoin rose to 61 percent.

Bitcoin (BTC) and Ethereum (ETH) weakened compactly on Friday, September 23, 2022. This is in line with the lack of positive catalysts for a price hike of the largest cryptocurrency. On Friday, September 22, 2022, the price of Bitcoin fell by 4 percent, which had previously risen by 5 percent.

Cryptocurrencies with a central market capitalization touched less than $19,000. In trading last Sunday night, the price of Bitcoin was at $19,100.

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Meanwhile, the price of Ethereum (ETH) is down 3 percent, with moderate trading volume. During the week, the price of ether is down 12 percent and 65 percent since the beginning of the year. Since the Ethereum merger, the price of Ethereum has shrunk by nearly 20 percent. Ether width increased by 5400 after merging.

quotes quindisk Across Liputan6.comWritten on Monday (9/26/2022), the Federal Reserve’s (Fed) move to curb inflation by raising interest rates and lowering the $8 trillion balance sheet has overwhelmed risky assets including cryptocurrencies this week, and will remain under the pressure.

As interest rates rise, holding the US dollar becomes more attractive due to higher bond yields.

Today's Crypto News

Last Weekend Price Update – Cryptocurrency News Today

Previously, it was observed that the price of Bitcoin and other cryptocurrencies had a consolidated movement on Friday, September 23, 2022. The majority of cryptocurrencies returned to the green after investors digested the positives of the Fed rate hike.

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Based on Coinmarketcap data, on Friday (23/9/2022) alone, the price of Bitcoin (BTC) for the largest market cap cryptocurrency has risen by 5.50 percent in the past 24 hours, but is still weak at 2.45 percent weekly.

Currently, the bitcoin price is 19,321 USD per coin or 290.3 million rupees assuming an exchange rate of 15,026 rupees per US dollar.

Ethereum (ETH) is also boosting this morning. ETH is up 7.30 percent over the past 24 hours, but is still down 10.97 percent over the week. In this way, the level of ETH is currently $1,321 per coin.

The next cryptocurrency is Binance Coin Redemption (BNB). In the past 24 hours, BNB stock is up 4.81 percent and 1.34 percent in the week. This makes BNB at $274.61 per coin.

Other crypto prices

Then the Cardano cryptocurrency also strengthened this morning. On the last day, the ADA is up 6.69 percent, but it’s still down 1.00 percent for the week. Thus, the price of ADA is 0.4622 USD per coin.

Solana (SOL) cipher was able to return to the green zone. Over the past day, SOL is up 7.18 percent, but it’s still down 2.29 percent for the week. Currently, SOL is priced at $32.46 per coin.

Meanwhile, XRP has continued to consolidate since yesterday. XRP is up 25.70 percent in the past 24 hours and 48.92 percent in the week. This way, XRP is now priced at $0.4884 per coin.

Stablecoin Tether (USDT) and USD coin (USDC) are both up 0.01% today. This makes the price both remain at the $1.00 level

While the cryptocurrency Binance USD (BUSD) has strengthened by 0.02 percent in the past 24 hours, bringing the price back to the $1.00 level.

As for the total market capitalization of cryptocurrencies within 24 hours, it rose to the level of $935 billion from the previous level of $891.6 billion.

This is today’s crypto news review that looks at the movement of Bitcoin Cs last week. We hope this information is useful to you.

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Author: Contributor / Shuhada Banji A

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