The price of Bitcoin fell to a minimum of three weeks

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.

The information and recommendations contained in this analytical document are published strictly for information purposes and are not considered as an offer to buy or sell the trading tools mentioned above and are not intended to motivate to perform certain transactions
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