Bitcoin price continues to fall, trading at the level of 6.5 thousand dollars

© RIA Novosti / Vladimir Astapkovich in fotobabbles. Archival photoBitcoin price continues to fall, trading at the level of 6.5 thousand dollars© RIA Novosti / Vladimir Astapkovich the image Bank

The price of bitcoin (bitcoin) continues to decline after a sharp fall earlier in the week because of the news about hacking of South Korean crypto currency exchange, according to the auction.

According to CoinMarketCap, as at 10.17 GMT bitcoin depreciated by 1.22% to 6,514 thousand dollars. On the stock exchange Binance cryptocurrency has fallen in price on 1,16% — to 6,462 thousands of dollars on Bitfinex — on 1,68%, to 6.46 thousand dollars.

Alternative cryptocurrencies also in the red. So, Ethereum is cheaper by 1.68% to 486,56 dollar, the Ripple — on 1,05%, to $ 0.55, Bitcoin Cash — on 0,54%, to 866,46 dollar. According to CoinMarketCap, the market capitalization of cryptocurrencies is currently 279,38 billion dollars. The share of bitcoin accounts for approximately 40% of the total cryptocurrency market.

Earlier, the South Korean bitcoin exchange Coinrail reported that there was an attempt of hacking its systems on the morning of 10 June. After the news the price of bitcoin fell by about 10%.

«The decline continues, bitcoin tested a minimum of 6.1 thousand dollars, however, trading volume has increased significantly, which may indicate the imminent attainment of the local seabed», — told RIA Novosti Director of investments of an international network of professional investors in the digital assets CryptoLife Mansur Guseynov.

«In addition, the RSI at least six months, which indicates the oversold market. In this regard, the possible rise of bitcoin up to 7 thousand, after which the downward movement is likely to continue,» adds the expert.

Bitcoin price continues to fall, trading at the level of 6.5 thousand dollars© Integratiebeleid and bitcoin

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