During trading on Monday, Bitcoin continued to get cheaper. Its rate fell below 7 thousand dollars and by 15:35 Moscow time it reached a minimum level of 6 thousand 961.5 dollars for three weeks. According to Coindesk, this is 1.1% below the closing level on Friday. Analysts at Bloomberg Intelligence noted: “Bitcoin and the cryptocurrency market as a whole look pretty vulnerable. Demand, supply and price indicators remain negative”. The price of August futures contracts for bitcoin during electronic trading on the Cboe decreased by 5.9% and amounted to 6 thousand 960 dollars. The rates of other cryptocurrencies, including Ethereum, Litecoin and Ripple, also declined on Monday.
Dollar near three-week low as investors pin hopes on U.S. stimulus12.10.2020
Dollar bounces from three-week low, yuan slides after PBOC move25.09.2020
Gold breaks three-day loss streak as Dollar falls from highs16.09.2020
Zara's Inditex regains profit after three months due to the coronavirus outbreak