Jakarta, Duniafintech.com – News Today Bitcoin reviews price action that has not fully recovered.
In the current trade, the price Bitcoin (BTC) is floating in the red. Unlike its predecessor, which strengthened and occupied the site of the Green Zone. Not Ethereum or ETH.
The vulnerability is not so great. It’s only slightly down by zero by a few percent in trading Tuesday, September 6, 2022 AM. For a more complete review, let’s take a look at today’s bitcoin news.
Bitcoin Cs Looks Dormant – Today’s Bitcoin News
Currently, the prices of other top-tier cryptocurrencies are likely to be mixed on Tuesday, September 6, 2022. Bitcoin prices are reflected in red.
Based on data from Queen Market CapOn Tuesday morning (6/9/2022), the cryptocurrency with the largest market capitalization, Bitcoin (BTC) is down 0.24 percent in the past 24 hours. During the week, the price of Bitcoin fell 1.92 percent.
Currently, the bitcoin price is $1,803.94 or about 294.77 million rupees assuming an exchange rate of 14,885 rupees per US dollar.
while, raised He was still able to continue boosting on Tuesday morning. The price of Ethereum (ETH) increased by 2.32 percent in the past 24 hours.
During the week, the price of Ethereum increased by 4.14 percent. Now, the price of Ethereum is at $1,603.89 or around Rs 23.86 million.
On the other hand, the price of the binance coin (BNB) has fallen by 0.53 percent in the past 24 hours. In a week, the price of BNB shrank by 2.96 percent. Currently, the price of BNB is $275.81 or around 4.09 million rupees.
Cardano (ADA) price has also been in the red in the last 24 hours. Cardano’s prices were limited by 0.43 percent. However, over the past week, the price of Cardano has increased by 10.96 percent. Now, the price of Cardano is at the $0.4966 position.
While the price of XRP has strengthened over the past 24 hours. XRP prices rose 0.24 percent. In the past week, the price of XRP increased by 0.21 percent. XRP is currently priced at $0.3311.
Solana (SOL) price is up 0.50 percent in the last 24 hours. During the week, Solana prices rose by a limited 0.23 percent. Right now, solana is priced at $32.09.
On the other hand, the price of Dogecoin has doubled in the last 24 hours. Dogecoin prices fell by 0.62 percent. Within a week, the price of Dogecoin was reduced by 1.32 percent. Dogecoin is currently trading at $0.06247.
Read also: Crypto News Today: Only 25 Crypto Exchanges Are Licensed by CoFTRA, Here’s The List
Stable coins like Tether have been in the red for the past 24 hours and last week. Currently, the price of the rope is in the position of 1.00 USD. Likewise with the price of the US dollar currency (USDC). USDC price has been in green for the past 24 hours and for the week. Now, the USDC price is in the position of 1.00 USD.
The price of Binance USD (BUSD) has increased by 0.02 percent in the last 24 hours. Last week, the price of the US dollar was in the red. Currently, the price of BUSD is at the position of 1.00 USD.
10,000 Bitcoin Saved 7 Years Before Trading, What’s Up?
Previously, it was launched from Liputan6.comFor the first time in years, extraordinary blockchain data shows large blocks of Bitcoin worth over $200 million or about 2.9 trillion rupees. This leaves cryptocurrency analysts confused and looking into this incident in greater depth.
As of August 28, 2022, according to a post from crypto data analytics platform CryptoQuant, 5,000 BTC have been processed that have not moved for at least seven years. The next day, data tracker LookIntoBitcoin revealed that another 5,000 BTC had been transferred.
Analysts say the transaction data is insufficient to draw significant conclusions and there is no solid evidence as to why the coins were moved. Long-term holders of the coin will likely want to exit the market, even with the price of Bitcoin hovering around $20,000, which is far from its all-time high of nearly $69,000.
Read also: In connection with the alleged fraud, the FBI has arrested Crypto Platform Boss
Some other analysts believe that the transfer of such a large amount of bitcoin is because the owner just wants to make some administrative changes to the state of the account.
“This is definitely not a bullish sign. It is difficult to say what impact that will be,” CryptoQuant said. CoinDesk.
Not the first time – Bitcoin News Today
The deal was also noted by Antoine Le Calvez, lead blockchain data engineer at Coin Metrics. He stated that the coin is somehow linked to cryptocurrency exchange Kraken.
“From likely to least likely, Kraken old cold storage addresses, Kraken OTC (over-the-counter) deals, Kraken users,” he said.
This isn’t the first time that Bitcoin has been inactive for a long time. In May 2020, the market was shaken by speculation that Bitcoin founder Satoshi Nakamoto might be involved in a small number of cryptocurrencies.
Wallets tagged with Nakamoto that are not definitively identified are closely monitored by crypto analysts. The hoard is so big that if liquidation occurs, and if liquidation occurs, the price of bitcoin will drop.
This is not the first time that large inactive BTC transactions have been seen this year. The CryptoQuant post says that over 10,000 BTC moved when the BTC price was at $47,700 in March, 2,800 BTC moved in May, and over 1,100 BTC moved at $23,000 per coin in July.
There is a lot of information reviewing Bitcoin news today. We hope this information is useful.
Read also: Bitcoin News Today: End of August, A Peek at Bitcoin Price Actions!
Read on for the latest Indonesian fintech and crypto news only at Duniafintech.com.
Author: Contributor / Shuhada Banji A