[뉴욕 코인시황/출발] Most of the major stocks fell … Bitcoin $49426

[뉴욕=박재형 특파원] On the 4th (local time), the cryptocurrency market started with an overall decline, with prices of most of the major stocks retreating.

Nine of the top 10 stocks have fallen, and 67 of the top 100 have a red light indicating a decline.

According to CoinMarketCap, the price of bitcoin was $49,425.68 as of 9 a.m. New York time, down 4.99% from the previous 24 hours.

Ethereum 4.40%, Cardano 9.61%, Binance Coin 6.82%, Polkadot 6.71%, XRP 1.13%, Litecoin 5.35%, Chainlink 4.26% Prices fell.

At this time, the market capitalization of the cryptocurrency market was $ 1.515.9 billion, and the share of Bitcoin was 60.8%.

Source: Coin Market Cap (as of March 4, 9:00 a.m. New York time)

The Chicago Merchandise Exchange (CME) bitcoin futures price also started lower. March, which is the most actively traded, fell by $1160 to $49,740, April fell by $1245 to $5,275, and May fell by $1,255 to $5,960.

The Ethereum futures price fell by $29.00 in March to $1559.50, and in April by $39.75, trading at $1577.50.

In the cryptocurrency market, the top stocks with market capitalization are leading the overall decline.

After falling below 50,000 dollars, Bitcoin is gradually decreasing its decline, and its trading volume is at the level of 53 billion dollars.

Ethereum is also falling below $1,600, and Cardano, which has been strong recently, has dropped sharply.

According to Cointelegraph, Bitcoin has declined close to 8% in the last 24 hours, returning most of the revenue it recorded the previous day.

Cryptocurrency analyst William Clement quoted Glassnode’s reserve risk indicator, which assesses cryptocurrency prices and the reliability of long-term holders, and analyzed that Bitcoin’s rise is still in its early to mid-stage stage.

Three Arrow Capital co-founder Kyle Davies pointed out that Bitcoin’s price decline is good, given that the global stock market has been declining sharply in the last 24 hours.

Source