The total volume of cryptocurrency markets fell 4.9 percent to $908 billion, according to TradingView data. Let’s take a look at the latest situation in the cryptocurrency market. Let’s examine the price movements in Bitcoin (BTC), Ethereum (ETH) and Cardano (ADA) together. How many dollars in bitcoin? At what level is the Ethereum price? What is the latest situation in Cardano?
Bitcoin (BTC) Latest Status
Although Bitcoin started the day with a rise of 0.03 percent, yesterday it showed a serious drop of 5.15 percent. Bitcoin, the leading cryptocurrency of the market, started to trade below the 19 thousand level with its sudden drop yesterday. The entire market was affected by this fall of Bitcoin, and some had double-digit drops.
Bitcoin’s 4-hour chartThe $20,000 level is very critical for Bitcoin. It will be important to hold onto $20,000 again. If we are going to see a drop from here, if it goes down further, the next stop could be the $17,000 region. If there will be a rise, the first stop of Bitcoin may be the band of 19-20 thousand dollars. As of writing, Bitcoin is trading at $ 18 thousand.
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Ethereum (ETH) Latest Status
When we examine the price action on the Ethereum (ETH) side, we see that ETH started the day with a decrease of 2.58%. Ethereum, like Bitcoin, made a serious decrease of 3.63 in yesterday’s closing. It was announced that Ethereum’s Bellatrix update yesterday was successful. If there is no problem in the network and the market in the coming days, we can expect this historical event to reflect positively on the price. After losing the $1500 support, Ethereum quickly recovered and reclaimed the $1500 support.
Ethereum’s 4-hour chartWhile the support zone is working in Ethereum, we can say that the next target is the $ 1700 level. If there is a decrease on the Ethereum side, we can say that our first stop is the $1500 band. As of writing, Ethereum is trading at $1,500.
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Cardano (ADA) Latest Status
Cardano, the 8th most popular coin in the crypto money market, was also affected by the serious decline in the market. Although Cardano, which expected Vasil Hard Fork, postponed this update more than once, Cardano founder Charles Hoskinson informed users about the latest situation with his statements and stated that he did not want it to be delayed again.
Cardano’s 4-hour chartThe critical areas in Cardano are the $0.48 resistance and the 0.43 support. Cardano dropped 7.45 percent yesterday with Bitcoin falling. Cardano is trading at $0.46 at the time of writing.
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