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What's Happening in the Cryptocurrency Market? (April 1)

What's Happening in the Cryptocurrency Market? (April 1) How did Bitcoin, Ethereum, Ripple start the day? Here are the details..

Yazar: Elif Dinçer

Yayınlanma: 1 Nisan 2021 15:11

Güncellenme: 8 Kasım 2024 05:25

What's Happening in the Cryptocurrency Market? (April 1)

Here are the cryptocurrency news of the day, the most up-to-date developments, here are the most appreciating and depreciating cryptocurrencies...

Interest in cryptocurrencies has increased significantly during the coronavirus outbreak. However, investors began to closely monitor the movements of important cryptocurrencies such as Bitcoin, Ethereum and Ripple. The most curious cryptocurrencies by investors; How did Bitcoin, Ethereum, Ripple start the day? The cryptocurrency market started yesterday's transactions with a loss. So much so that Bitcoin fell by $ 2,000 in 5 minutes. Due to this decrease, 600 million dollars were liquidated. On the Ethereum side, which gained more than 10 percent in the last 7 days, there was a slight decrease in parallel with the market and was traded around $ 1,806. Again, 127 million XRP were transferred by Ripple and Binance in yesterday's transactions. It was learned that the total value of the XRPs in question was over $ 71 million.

How Much Is A Bitcoin?

There has been a flag formation break and the price action continues in the resistance zone. The level of $ 65,945 determined as the target of the flag formation can be set as a target. If sales pressure occurs in the resistance zone, the $ 55,000, $ 53,000 and $ 50,427 levels can be monitored as support. If there is a candlestick close below $ 50,427, it has the potential to enter a downtrend again in the medium term. Bitcoin, which lost yesterday due to the sharp drop in cryptocurrency, is trading at $ 58.38.9 in today's transactions.

What Is The Price of Ethereum?

Ethereum's downward trend continues in the medium term. If the price movement, which acts as a resistance, breaks the $ 1,730 level, which supports this level, and breaks the $ 2,043 level, it can continue to gain until the Harmonic Butterfly Pattern. In case of sales pressure, $ 1,868 and $ 1,736 levels will be followed. The levels to be determined as targets for the rises are $ 2,043 and $ 2,243 levels. Ethereum is trading at $ 1,923.23 today, recovering after yesterday's drop.

How Much Was Tether?

Tether prices are trading at $ 1.0000, down -0.05% as of 11.17 hours.

What Is The Price of Ripple?

Ripple, which started the day at 0.5648, started trading at 0.56958 with an increase of 3.46 percent as of 11.10. Despite the company's legal troubles, the unlocking of 1 billion XRP caused reactions. XRP / USD is currently gaining 4.2 percent in the past 24 hours, demonstrating that it is not affected by legal troubles.

How Much Was BTT?

After BitTorrent broke a record yesterday, it has had a new breakthrough today. The cryptocurrency rose to $ 0.0055 today. The rise of cryptocurrency in the last 24 hours was 32 percent. BTT's performance in the last 3 months was recorded as 600 percent.

What Is The Price of CHZ?

Chiliz is traded at 0.4998499, losing value by -0.16% in today's transactions in the cryptocurrency market.  

Latest news

Ripple Unlocks 1 Billion XRP Ripple, which is currently under a troubled process due to the ongoing lawsuit with the SEC, has reopened 1 billion XRP and became the target of reactions. In fact, the company has been unlocking 1 billion XRPs on the first day of each month since the beginning of 2020 and removing them from their escrow wallet. Bitcoin Ends Last 6 Months With Consecutive Earnings In A Row Bitcoin is performing its most stressed rally since 2013. Speaking on the subject, Peter Brandt warned of "correction towards the $ 50 thousand level". Bitcoin is currently trading at $ 58,810 on the Bitstamp exchange.
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