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Find all the economic and financial information on our Orishas Direct application to download on Play StoreWhile a massive global stock sale
Technological technology has increased and eliminated risky bets on all
asset classes, the Bitcoin a
hit a 16-month low and tested the key support of $60,000
Friday.
The biggest cryptocurrency in the world was in
increase of 1.64% to $64,153.24 in a context of high volatility,
oscillating between gains and losses after reaching a low of
$60,008.52 earlier in the session.
This was his lowest level since
October 2024, one month before Donald Trump won the election
American presidential election, after he had signalled his intention to support
cryptocurrencies during his campaign. According to Chris Weston, head of
Research at the Pepperstone broker in Melbourne, “Bitcoin is in
has been declining since October (2025), maybe you could ask yourself if there
It was the canary in the coal mine, or a coincidence.”
Bitcoin was on the verge of losing 16% this
week, bringing its annual losses to 27%. For its part, Ether was oriented
towards a weekly decline of 17%, posting a loss of 36% since the beginning
of the year.
The global cryptocurrency market has lost some $2 trillion in value since it hit a peak of 4,379 billion dollars at the beginning of October, according to CoinGecko data, including more of $1 trillion erased in the last month alone.
Ether was up 2.4% to $1,891.27,
after dropping to a 10-month low of $1,751.94 earlier in the
session.
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