Dogecoin Co-Founder Predicts Bitcoin 100,000 XNUMX dollarga tushadi

NewsBTC tomonidan - 1 yil oldin - O'qish vaqti: 2 daqiqa
8-yil 2022-noyabr, seshanba, soat 11:39

Dogecoin Co-Founder Predicts Bitcoin 100,000 XNUMX dollarga tushadi

The largest cryptocurrency, Bitcoin, has suffered a 5% decline from its $20,000 level, which it has maintained for a couple of weeks. However, during the short rally a few weeks back, Bitcoin’s valuation recovered from its three-month low, shooting above $21,000.

These gains brought hope to the crypto market and boosted investors’ confidence that the crypto winter is about to end. However, the November 7 market record has shattered their hopes, with many cryptocurrencies falling back to their decline, including Bitcoin va Ethereum.

But Billy Markus, the co-creator of Dogecoin, believes that Bitcoin may reach $100,000 one day. He said this in javob to Madam Doge, a Twitter user who lamented BTC’s current price while citing Michael Saylor’s Bullish Bitcoin bashoratlar.

Markus added that Bitcoin price would reach that much in a future where $100k would only buy a sandwich due to inflation or when the current users might have already died. The conversation began with Madam Doge complaining and enquiring why the Bitcoin price fell, while Markus said it was due to massive sellouts.

Possible Reasons Behind Bitcoin Rad qilish

So'nggi 24 soat ichida Bitcoin dropped below $20,000 and currently trading around the $19,500 level. The asset was trading at $20,400 24 hours ago, the level it managed to maintain for two weeks. The performance got the market thinking that BTC is retracing its way upwards.

Coinglass hisobotiga ko'ra, 112.83 million dollarlik kriptovalyuta yo'q qilindi, uzoq pozitsiyalarning 95 foizi yo'q qilindi. Ommaviy sotilish bo'yicha qo'shimcha ma'lumotlar ham 300 million dollarga teng bo'lgan likvidatsiyalarni aniqladi.

The market volatility often depends on Bitcoin’s performance. However, the present one is different. The liquidation data shows that Ethereum and FTT were probably the cause of Bitcoin’s massive sell-off.

O'rtasidagi janjal Binance and FTX resulted in a 19% drop in FTT value. Furthermore, due to potential insolvency issues, FTX decided to raise funds by selling off its Ethereum holdings. Santiment’s report confirmed the increase in selling pressure. The blockchain analytics firm also confirmed the offload of ETH from FTX’s ETH wallets.

Bir necha kun ichida FTX o'z hamyonidan 300,000 6 ETHni olib tashladi, natijada Ethereum bozorlarida yuqori sotuv bosimi paydo bo'ldi. Natijada, Ethereum va XRP 1,500% ga kamaydi, ETH esa XNUMX dollarlik psixologik darajasidan pastga tushdi.

Dogecoin va boshqa memecoinlar orqaga qaytadi

Meanwhile, the memecoins which have been in the limelight following Elon Musk’s Twitter acquisition are also down. For example, Dogecoin is faring much worse than Bitcoin and Ethereum, with approximately a 15% loss in valuation, while Shiba Inu (SHIB) dropped 8%.

Hozirgi vaqtda DOGE $ 0.08667 da savdo qilmoqda, savdo hajmi $ 2,152,858,888.09 24 493,920,114 XNUMX. SHIBning joriy narxi pasayib bormoqda, XNUMX soatlik savdo hajmi XNUMX XNUMX XNUMX dollarni tashkil etadi.

Asl manba: newsbtc