Bitcoin prices fell on Wednesday, extending losses for the second consecutive session, while the price of etherium, the nearest competitor to Pitcullin in terms of market cap was also weaker.
In the US Stock Exchange, the price of shares fell by $ 0.448, down $ 84.4 or 3.29%.
Last week, Bitcoin rose to a high of $ 2.953.5 on July 19, close to a record $ 3,000 in June.
Prices rose after Bitcoin avoided splitting it into two independent currencies when its network backed a proposal to upgrade its program to speed up transactions on the KFH network.
On Monday, Chiba Jafari, chief technology strategist at Goldman Sachs, said in a note to customers that KFH may need a few more volatility before resuming its upward trend.
Jafari pointed out that KFH's inability to breach a June 13 high of $ 3,000 suggests it is a triangular model that can see up to five volatility and a low of $ 1.786.
Anything over $ 3,000 will indicate that the fifth wave has already started, which once again has a target minimum of 2.988 and a range of 3.691, and the latter is the preferred target and this assumes the highest level of seriousness, Jafari said.
At the same time, the index fell. Parallel to a 3.57% gain or 7.41 to $ 200.35, down from an all-time high of $ 419.3 on June 11.
Atheerium's highest-ever pullout has seen the market capitalization fall below $ 18 billion, less than half of the 41-billion-dollar value of Petchemin.
Investing.com
