Tran Cong
by on November 12, 2020

Compared to yesterday, Bitcoin today and other cryptocurrencies are all in red, the previous growth has been lost and even many coins have recorded a sharp decline.

Over the past few hours, the price of Bitcoin and many other cryptocurrencies has declined, with bitcoin plummeting from the $ 12,000 area to below $ 10,650, then quickly rebounding to the $ 11,200 threshold.

Over the past 24 hours, the lowest bitcoin price recorded was at $ 10,658 and the highest was $ 12,117.

Bitcoin's rate today (August 3) recorded at 8:35 am at $ 11,152, up 5.90% from the past 24 hours.

In the top 100 that is covering a bright red color, 73/100 cryptocurrencies are recorded by market value with a decrease compared to the last 24 hours.

Reputable pages of Paypal transactions: bitcoin exchange

Compared to the past 24 hours, in the top 10 many dong has turned down sharply.

Total crypto market cap today recorded at 8:35 am at $ 337.58 billion, down $ 19 billion from the past 24 hours.

While the market's 24-hour trading volume increased to $ 122.93 billion, this is $ 15 billion higher than on August 2.

5th birthday anniversary: ​​the Ethereum network records nearly $ 1 trillion in aggregate transaction volume
The Ethereum network's 5th birthday has recorded nearly $ 1 trillion in aggregate transaction volume since its July 30, 2015 launch.

Specifically, on July 30, the ETH network recorded $ 986 billion in aggregate transaction volume, as can be seen in the chart below.

Since 2018, the Ethereum network has recorded a significant increase in trading activity, and this momentum has maintained until today.

New US regulations on storing digital currencies will have a big impact on institutional investors
Recently, US lawmakers have enacted new regulations on storing digital currencies, which will have great implications for institutional investors.

According to CEO OKCoin HK:

"The enactment of US regulations on storing digital assets will have a big impact on institutional investors"

This taste added:

“They (institutional investors) will have more choices. Maybe many US banks will openly welcome digital currencies in the coming time, this new regulation helps to improve transparency in management of digital currencies ”
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