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Find all the economic and financial information on our Orishas Direct application to download on Play StoreBitcoin was trading at $19,121 at the time of writing, defying the laws of gravity and those of the theory of money. Only one question was trotting in our heads: would the queen of cryptocurrencies cross the psychological line of $ 20,000 today or tomorrow as she was in 2017 (see this young Senegalese who saw coming) before falling back into a long depression?
Sensurn Tuesday, the rush to buy maintained by institutions and the decision of large groups like PayPal, could not overcome the reptilian instinct of homo sapien stockbroker, namely profit-taking. This is the explanation given for the 1.8% decline recorded by bitcoin while its main competitors, namely Ethereum and XRP, gave up 1.99% and 6.63% respectively to $ 598 and $ 0.6. The biggest drop in the last 24 hours is to the credit of TriumphX, depreciated by 47% to $ 5.13.
Noteably, the market capitalization of cryptocurrencies now stands at $566 billion. None of the 3,867 cryptocurrencies listed in trading platforms are African. This delay in blockchain and cryptocurrency technology will be paid for in cash.
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