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Price of BTC declined

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CRYPTOCAP:BTC   Market Cap BTC, $
The price of the biggest cryptocurrency in terms of market capitalization decreased on Wednesday. Bitcoin was unable to break the resistance. It means that Bitcoin’s price failed to surpass the $11,000 level. Moreover, in several hours price decreased from $10,900 to below $10,100.

At the time of writing, Bitcoin’s price slightly increased and reached $10,112. Nevertheless, in comparison with the day before this is still a significant decline for Bitcoin. At the moment, it is hard to make the prediction, but it is essential to keep the price above $10,000 level. It is worth mentioning that Bitcoin’s price since mid-June did not fall below the $9,300 level.

Ethereum is the second biggest digital currency in terms of market capitalization. Its price also decreased on Wednesday. Ethereum’s price dropped by more than 5% in the last 24 hours. The price of the Ethereum fell below $190. Right now, the Ethereum’s price is $187.49. However, there is a chance Ethereum might be able to reverse this trend in the upcoming days.

Another cryptocurrency Litecoin is also experiencing problems. The price of Litecoin decreased by more than 2%. Litecoin’s price fell below $75 level. Yesterday at some point price was $77, but after several hours the price decreased to less than $75 per Litecoin. At the moment, the price of Litecoin is $72.06.

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