While the cryptocurrency (virtual currency) is showing a steady trend, Bitcoin, a representative cryptocurrency, is engaged in a buy-sell battle for $40,000.
On the 16th at 6:10 am (Korean time), on CoinMarketCap, a global market relay site, Bitcoin recorded $39,957, up 0.32% from 24 hours ago.
On this day, Bitcoin rose to the $41,000 level and then fell to the $39,000 level, where the price of $40,000 is in a buy-sell battle. If it exceeds $40,000, profit-taking properties appear, and if it is below $40,000, it seems that low-priced buying is flowing in.
It is understood that Bitcoin is engaged in a technical buy-and-sell battle at the $40,000 level without any special good or bad news on this day.
Ethereum, the second-largest by market cap, is down 0.73% from 24 hours ago to $2522. Cardano is up 0.23% while Dogecoin is down 1.14%.
Major cryptocurrencies are showing a steady trend, with a slight rise or a slight decline.
At the same time, on Upbit, a Korean trading site, Bitcoin is trading at 46,287,000 won, down 0.46% from 24 hours ago.
Ethereum is down 0.95%, Ada (Cardano) is down 0.28%, and Dogecoin is down 1.60%.