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Bitcoin Falls Below $ 46,000 On Omicron Fear Slump In Global Markets (Market Watch)

                                                            Das Leiden von Bitcoin geht weiter, da die Cryptowährung bei 47.000 $ versagte und unter 46.000 $ fiel.  Die meisten Altcoins sind auch im roten Bereich, mit Ethereum Handel unter 3.800 USD und Binance Coin kurz davor, unter 500 USD zu brechen.

Omicron fears behind BTC’s latest dump?

Just a few days ago, the primary cryptocurrency appeared to be significantly more bullish as it approached $ 50,000 according to a statement by the US Federal Reserve on the inflation rates of the US Federal Reserve.

However, it could not exceed this level and gradually began to decline in value. It reportedly fell below $ 46,000 in the days that followed, but quickly skyrocketed to $ 48,000.

Nonetheless, the bears continued to have a strong grip on the market, pushing the asset south again. As of now, Bitcoin is trading at around $ 46,000 after falling below that line a few minutes ago.
BTCUSD. TradingView

The situation on the global stock markets is somewhat identical. Most stock indices lost value last week on fears of the new variant of the COVID-19 pandemic and US politics.

The futures contracts of the S&P 500, Nasdaq and Dow Jones all declined before the trading day.

Altcoins also see red

Similar to Bitcoin, most altcoins are also in the red today. Ethereum has lost another 4.5% in value and is now below $ 3,800. The second largest cryptocurrency has been below the coveted $ 4,000 mark for almost a week.

Binance Coin is down nearly 5% since yesterday, trading at just over $ 510. Solana (-7%), Cardano (-4.5%), Polkadot (-5.5%), Avalanche (-8%), Dogecoin (-5.5%), Shiba Inu (-8%) and MATIC (-6.5%) are also deep red.

Interestingly it is XRP the only altcoin with a larger one Market capitalizationwhich is slightly in the green area. Ripple’s native token has risen by more than 3% and stands at $ 0.85

A few more winners come from the low-cap alts, with Revain leads the way after a 13% increase.

Most other altcoins are in the red, however, and the cryptocurrency’s market cap has dropped $ 100 billion in one day to just over $ 2.1 trillion.
Bitcoin Falls Below $ 46,000 On Omicron Fear Slump In Global Markets (Market Watch), Crypto Trading NewsOverview of the cryptocurrency market. Quantify Crypto.

Source: Crypto News Deutsch

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