[뉴욕 코인시황/마감] Declining stocks increase … Bitcoin $28772, expected to remain strong in 2021

[뉴욕=박재형 특파원] On the 31st (local time), the last day of 2020, the cryptocurrency market continued to trend overall.

Six of the top 10 stocks have fallen, and 57 of the top 100 have a red light indicating a decline.

According to CoinMarketCap, the price of bitcoin was $28771.87 as of 2 p.m. New York time, up 2.00% from the previous 24 hours.

Ethereum rose 0.19%, Polkadot rose 9.39%, XRP 0.79%, Litecoin 1.53%, Bitcoin Cash 2.36%, and Chainlink 0.63%.

At this time, the market capitalization of the cryptocurrency market was $752.2 billion, and the share of Bitcoin was 70.4%.

The Chicago Merchandise Exchange (CME) bitcoin futures price continued to decline. The most actively traded in January, down $150 to $29,051, in February down $215 to $29,280, and in March, down $330 to $29,460.

The cryptocurrency market ended the year with an increase in the number of declining stocks compared to the morning with the overall mixed trend.

Bitcoin continues to test $29,000, and its trading volume is around $51 billion.

Amid the weakening of Ethereum’s uptrend, XRP has turned to an intraday decline, and Polkadot is continuing a strong uptrend.

Coinmetrics, a cryptocurrency data provider, predicts that Bitcoin has made great strides in 2020 and that it will rise to a higher price point in 2021.

According to Coinmetrics, Bitcoin has a market capitalization of more than $30 billion in 2020 alone, the number of active addresses per day has doubled, and the number of addresses holding more than 0.01 BTC has increased significantly.

Coinmetrics also pointed out that the strength of bitcoin at the end of 2020 was different from the record high in 2017. Above all, the biggest difference was that institutional investors’ funds flowed into the cryptocurrency market and led the price to rise.

As of 2 p.m. in the US New York Stock Exchange, the Dow index fell by 0.05%, the Nasdaq fell 0.26%, and the S&P500 fell 0.02%.