Open Demo Account
Home / Market Update / Cryptocurrency / Bitcoin Extends Losses amid Selling Pressures
Bitcoin
Bitcoin

Bitcoin Extends Losses amid Selling Pressures

M. Ali 11 May, 2021 12:20 am Cryptocurrency, Market Update

Bitcoin maintained a negative trajectory on Monday, moving within a downward trend due to selling pressures.

The world’s largest cryptocurrency in terms of market capitalization fell by more than 5% over the past 24 hours, extending its losses over the past seven days to about 2.5%.

Bitcoin is currently trading near 54,866, according to data by Coin Market Cap.

Tags

Check Also

Will Powell’s Signals Save Euro From the Long-Term Downtrend?

The Euro (EUR) has recently shown a noticeable rebound against the US Dollar (USD), pushing …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends