[뉴욕 코인시황/마감] Weakening downtrend of major stocks … Bitcoin $35042, Ethereum $1336

[뉴욕=박재형 특파원] On the 20th (local time), the decline in the cryptocurrency market weakened compared to the morning, focusing on major stocks.

Seven of the top 10 stocks fell, and 64 of the top 100 had a red light indicating a decline.

According to CoinMarketCap, the price of bitcoin was $35,041.61 at 4 p.m. New York time, down 3.98% from the previous 24 hours.

Ethereum fell 1.52%, XRP 2.24%, Cardano 0.31%, Litecoin 5.92%, Bitcoin Cash 3.63%, and Polkadot rose 9.95%.

At this time, the market capitalization of the cryptocurrency market was $1.39 trillion and the share of Bitcoin was 64.7%.

Source: Coin Market Cap (As of January 20th, New York Time at 4pm)

The Chicago Merchandise Exchange (CME) bitcoin futures price continued to decline. The most actively traded January products fell by $1470 to $35,125, February prices fell by $1550 to $35,510, and March prices fell by $1595 to $35,980.

The overall decline in the cryptocurrency market has weakened as major stocks such as Bitcoin and Ethereum declined.

Bitcoin is fluctuating around $35,000, and its trading volume is around $64 billion.

Ethereum is recovering its price from around $1300 by reducing its fall, and Polkadot is rising sharply again.

Whale Alert, which tracks the movement of bitcoin whales, said the price at which the massive influx of bitcoin whale addresses began was $29,314, which will be the level of support for both short and long term Bitcoin.

According to Cointelegraph, some analysts pointed out that the volatility of Bitcoin is gradually increasing amid the rising trend of Bitcoin, but unlike in the past, the volatility of Bitcoin is eventually leading to an upward trend.

Cryptocurrency investor Dan Tapierro explained that the current volatility of bitcoin suggests that bitcoin’s uptrend is just beginning, and that it is best to keep the current price close to the lowest of the long-term volatility.

As for AMB Crypto, Ethereum surpasses Bitcoin in 2021, but the current market cycle of both stocks is at the stage of increasing volatility and maintaining momentum.Some experts see Bitcoin as stronger than Ethereum. Pointed out.

The US New York Stock Exchange rose 0.83% for the Dow, 1.97% for the Nasdaq and 1.39% for the S&P 500.

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