Home Price Analysis Market Analysis Bitcoin price: BTC fell back again, trading below $ 36,000 again

Bitcoin price: BTC fell back again, trading below $ 36,000 again

Bitcoin (BTC) closes the week with a new low of more than 10%, which pushed its price back below $ 36,000.

The leading cryptocurrency was close to surpassing 40K again, but it corrected its price in the last hours.

As of press time, the price of BTC is $ 36,015. After falling almost 12% and reaching levels close to $ 35,100, the asset partially recovered and reduced the decline.

BTC had recovered considerably from what was Monday’s correction, when the top ten cryptocurrencies fell by more than 20%.

The decline was the most important since March of last year, but the rapid recovery was proof of the good passing of the crypto market.

Despite its wide volatility in recent days, the price of BTC oscillates at levels well above those that starred at the turn of the year.

After today’s new correction, the price of BTC continues with a growth of 20% in the early 2021.

The altcoin market also suffered significant setbacks in the price of major cryptocurrencies.

Ethereum (ETH) fell 10%, but at the close of this publication it reduced its fall to 6% and its price is just above $ 1,160.

Litecoin (LTC) and Bitcoin Cash (BCH) are down more than 10% and trade at $ 140 and $ 480 respectively.

Additionally, both assets were out-capitalized by Polkadot and Cardano (ADA), although they could return to their place on the list.

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