Bitcoin Stagnant at $33,000 this Friday – Market Summary

Charlie Taylor

Bitcoin has yet to shake off the negative sentiment caused by China's FUD. The main cryptocurrency is stagnant at $33,000 this morning (02). Most altcoins are also unusually calm since yesterday. However, in recent weekends, we have seen strong volatility, which could return to the market in the next few hours. Bitcoin has yet to shake off the negative sentiment caused by China's FUD. The main cryptocurrency is stagnant at US$ 33,000 this morning (02). According to CoinGoLive.Source:

stagnant bitcoin

Bitcoin, which only scores one positive in an hour, has struggled in recent days. After hitting a 12-day high of $36,600 on Tuesday, the bears regained control at that point and reversed the price trajectory. It had a drop of 1.% in the last 24 hours and is traded at US$ 33,311 this Friday morning (2), according to CoinGoLive.In real, the cryptocurrency is quoted at R$ 167 thousand. The weekly decline was 4.6%, which may have forced its dominance to around 44.3%. Another important news: Robinhood Markets, a company that offers commission-free trading in equities and exchange-traded funds through a mobile app launched in March 2015, has announced to the SEC that it intends to conduct an IPO. Robinhood Markets Inc filed an S-1 in the SEC Thursday Monday afternoon, signaling the company's intention to go public in an initial public offering. The stock trading application will trade under the ticker HOOD. The increase in daytrading and new market entrants last year saw Robinhood's revenue jump to $959 million from $278 million in 2019, an increase of 245 %.Robinhood was founded by current CEOs Vladimir Tenev and Baiju Bhatt in 2013 and, over the past decade, has adapted Silicon Valley's bold approaches to the unknown world of Wall Street and investment brokers.

Altcoins accompany

The altcoin scene isn't all that different from your leader. Most were rising earlier this week, followed by setbacks, and are now uncharacteristically calm. Ethereum jumped to well above $2,250 on Tuesday, but could not continue rising. In contrast, the second largest cryptocurrency has lost $200 since then, currently standing at $2,060.Binance Coin (-3.38%), Cardano (-1.9%), Ripple (-3.6%), Polkadot (-4.1%), Bitcoin Cash (-2.8%), Litecoin (-3.5%) and Solana (-3.4%) recorded small losses in 24 hours. Dogecoin (-8.1%) , Binance Coin (-9.1%) and Polkadot (-8.2%) were the top 10 cryptos that lost the most this week. Ultimately, the accumulated market capitalization has lost some ground since yesterday and is currently around $1.4 trillion. Get the most important news on the Cointimes Telegram, go to.

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