![[뉴욕 코인시황/마감] Bitcoin rebounded after plunging, only XRP rose among major stocks](https://www.blockmedia.co.kr/wp-content/uploads/2021/02/00마감-7.png "[뉴욕 코인시황/마감] Bitcoin rebounded after plunging, only XRP rose among major stocks")
On the 22nd (local time), the cryptocurrency market ended with a sharp decline in most major stocks. Nine of the top 10 stocks fell, and 81 of the top 100 had a red light indicating a decline.
# Among major stocks, only XRP rises
According to CoinMarketCap, the price of bitcoin was $53,879.88 as of 4 p.m. New York time, down 7.39% from 24 hours ago.
Ethereum fell 10.00%, Binance Coin 12.84%, Polkadot 6.82%, Cardano 5.32%, Litecoin 11.30%, and XRP rose 6.10%.
At this time, the market capitalization of the cryptocurrency market was $1.642.3 billion, and the share of Bitcoin was 61.6%.
Source: Coin Market Cap (as of February 22nd, New York time at 4pm)
# Bitcoin Ethereum Futures Fall Together
The Chicago Merchandise Exchange (CME) bitcoin futures price also continued to decline. February, which is the most actively traded, fell by $1145 to $54,385, and March fell by $1355 to $55,240, and April fell by $1440 to $56,45.
The Ethereum futures price fell by $180.75 in February to $1780.00, and in March it fell by $178.75 to $1812.50 and April to $273.50 to $1772.00.
# Positive market sentiment despite the downtrend
In less than a day, Bitcoin plunged over $10,000 from $58,000 to $477,000, the largest drop in history, and then rebounded more than 10% to $54,000.
Decrypt said it may seem anxious that the largest price drop in history occurred within only 24 hours, but it could be seen as the inherent volatility of bitcoin, and evaluated that it could be an opportunity to buy bitcoin at a low price, which continued to rise. .
Raul Pall, a bitcoin investor who was a hedge fund manager, said, “I feel relieved with this bitcoin selloff.” “You have finally got a chance to buy a low price.”
According to YouTube, cryptocurrency analyst and trader Collin Wu expressed the view that despite Ethereum prices retreating below $1,800, on-chain metrics are still positive.
He pointed out that during the recent surge in Ethereum price, exchange liquidity indicators have fallen to the lowest level, and that Ethereum prices are rising and Ethereum is continuing to get out of exchanges.
Colin Wu recently said that it seems that large Ethereum holders are preparing for the next step by increasing their stake in Ethereum 2.0, and predicted that the rally will not end as such.
Ripple’s cryptocurrency, XRP, continued to rise during the intraday amid a sharp decline in most major stocks such as Bitcoin.
The market believes that the short-term rise in XRP prices was due to the influence of Ripple and the preliminary hearing held on the day before the start of an official trial with the SEC.
It is known that the SEC and XRP have expressed their intention to go to a formal trial without agreement through a written submission submitted in advance, but investors are said to expect the possibility of some change in the current situation according to the court’s recommendation on the day.
In the US New York Stock Market, the Dow rose 0.09%, the Nasdaq fell 2.46%, and the S&P 500 fell 0.77%.