Today, Tuesday, August 31, 2021, we observe the cryptocurrency market and we see nothing but collapses and constant falls, which characterize so much today. What we can observe are declines and more declines that leave the prices of Bitcoin, Ethereum and Binance Coin in a bad place. What has caused these losses of interest? Let’s see what happens to the dollar, the benchmark of the three cryptocurrencies in our little analysis today.
Like a bucket of cold water for Bitcoin … BTC
Bitcoin today is doing nothing but losing, although in recent days it was pressured in increases. At the moment we can see its trajectory from about 24 hours ago until now, which we can summarize in a 1.77% decrease. As such, we currently pay $ 47174.35 for BTC, while a week ago it still has a 4.93% decline ratio. Data such as the market volume of $ 30,106,201,381 or the market capitalization of about $ 887,658,610,060 help shape its trajectory.
Real-time chart of the cryptocurrency Bitcoin BTCUSD in a 24-hour time frame
Ethereum price jeopardizes ETH
We see how in the market, cryptocurrencies such as Ethereum are lost in decreases of more than 2% compared to their average … Specifically, it is still a decrease of 2.90% weekly, and 2.12% of one-day scale climbs. We can perceive it with the naked eye, starting with slight increases in its value compared to 24 hours ago and the current price; 3240.64 USD. What are the most relevant data? First we talk about the market volume of the last 24 hours of Ethereum of 19,218,709,696 dollars, and on the other hand, the market capitalization of 380,209,856,820 dollars. What can we expect from the ETHUSD combination for the next few hours?
Real-time chart of the cryptocurrency Ethereum ETHUSD in a 24-hour time frame
Binance Coin takes all the sticks! BNB
Attentive to what happens; Binance Coin sinks hand in hand with the general market. The declines also invade the prices of Binance Coin, with its decreases of 3.160% on a one-day scale, leaving the price of BNB at $ 463.56. Regarding the points of interest of the last hours, we still observe decreases such as 7.11% on a weekly basis.
Interesting data of the last 24 hours of the Binance Coin market:
Market volume: $ 2,118,153,841
Market Cap: $ 77,876,453,886
Real-time chart of the cryptocurrency Binance Coin BNBUSD in a 24-hour time frame