Bitcoin Ethereum followed its smallest drop in days since September, and the cryptocurrency market is generally in decline.

Since October, cryptocurrencies have reached all-time highs. There is a continuous bull market in many cryptocurrency markets, notably represented by Bitcoin and Ethereum. On November 10, the price of Bitcoin fell to $ 6, climbed to 8,737.4. After all of May's highs, the price of ethereum on November 10 hit $ 4,861.49, hitting $ 4,900, which remains the highest since May.

On November 10, cryptocurrencies took the lead, hitting all-time highs. After November 11, Bitcoin started to recover, with the price hitting at least $ 64,000. By hovering between $ 64,000 and $ 65,000, Bitcoin was fortunate to have a defensive line. For example, as soon as Bitcoin fell below $ 60,000, the value of Bitcoin appears to have dropped by around $ 58,000 today. November 15 Bitcoin prices went up Compared to a lot of my friends who couldn't stand the loneliness, they thought they could cut the leek. .

On November 10, ETHereum's price reached $ 4,861.49 and its value hit an all-time high. At the time, Xiaoding and many others agreed that ETH broke the $ 4,900 block within minutes. Well, the price might cross the $ 5,000 level November 11-12, but it's back. With the advent of the World Cup in February, the price of Ethereum began to fluctuate over time, and prices have since fallen from $ 4,500 to $ 4,600. he hovered He hovered around China on November 15th. As of November 15, it had come down to about $ 4,700. Compared to everyone's belief that the price of Ethereum will drop back to $ 4,800 and make a new one, there are many people who are fortunate enough to see the price drop. The benefits of buying Ethereum on a recall, waiting for the price to hit $ 5,000, and then reselling it for a high price.

However, I don't think Ethereum's price will be adjusted after Nov 15th, today it fell to around $ 4,100, almost below $ 4,000 from the line. This time, Quan Xiaoding should say that when he sees the losses, don't think of short rallies and who won't stop them.

According to the data, Bitcoin recently fell 8.2% to $ 58,000, its biggest drop since September 24. Ether, the second largest cryptocurrency, fell more than 10%. According to data from CoinGecko, the value of the global cryptocurrency market has increased by 10% in the past 24 hours to reach $ 2.7 trillion.

Personally I would say, “After a few days of adoption Bitcoin is holding near historic highs and many other cryptocurrencies have hit new highs as well. Now we see the market.” The downside is growing. Bad news and prices go up one by one. The new low is that the market makes a big difference and dominoes pay off. “The known Bitcoin has more than doubled this year and Ethereum has increased sixfold.

Vijay Ayyar, Head of Luno Cryptocurrency Exchange for Asia-Pacific, said: "It is unusual for digital cryptocurrencies to continue to grow unabated." Marlet. "