Bitcoin price recorded at 7:54 am on August 11 reached 29,458 USD/BTC, down about 0.35% compared to 24 hours ago.
Bitcoin's capitalization today dropped to $573 billion, representing 48.8% of the cryptocurrency market. The 24-hour trading volume in the market decreased by 35.7% compared to August 10, reaching 11.7 billion USD.
However, this stability according to experts will not last long, Bitcoin (BTC) could easily drop below $25,000 in September.
The "last big sale" could happen before September ends. In other words, the Bitcoin price drop over the next six weeks or so could be as much as 15%.
“There is a 50% chance that Bitcoin will drop below $25,000 before the end of September”
Bitcoin's capitalization today dropped to $573 billion, representing 48.8% of the cryptocurrency market. The 24-hour trading volume in the market decreased by 35.7% compared to August 10, reaching 11.7 billion USD.
However, this stability according to experts will not last long, Bitcoin (BTC) could easily drop below $25,000 in September.
The "last big sale" could happen before September ends. In other words, the Bitcoin price drop over the next six weeks or so could be as much as 15%.
“There is a 50% chance that Bitcoin will drop below $25,000 before the end of September”
