Crypto

Market down! This September, Bitcoin loses $24,000 USD and most of the other coins do as well.

After a peak recorded in the early morning hours, Bitcoin and the main altcoins fall this August 17. The exception of the day comes from the hands of eos, cryptocurrency that increased more than 16% in the last 24 hours.

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Report sponsored by CryptoMarket
Report sponsored by CryptoMarket
  • BTC falls below USD $24,000 this August 17
  • Major altcoins also score lower at this time
  • The surprise of the day was EOS, which increased by 16%

Bitcoin below USD $24,000 this August 17

We open our customary report reviewing the evolution seen in the price of Bitcoin (BTC), which for midday on August 17 is going down and is trading at about USD $23,437 per unit, a figure that represents losses of 1.7% in the last 24 hours.

According to the data published in our section CryptoMarkets DailyBitcoin Y CoinMarketCap, the price hovered around the $24,000 barrier during the day, but shortly after midnight on August 17, there was an increase that led to a peak of $24,407. It is from that point that the drop seen in the price of the digital currency took place, which took Bitcoin under the aforementioned mark and left it around the previously mentioned values.

Bitcoin price evolution this August 17
Bitcoin price evolution this August 17

Major altcoins are also down

In a similar way to what happened with the price of Bitcoin, a good part of the main altcoins also reacted in a similar way for the day of this August 17.

Coins such as Ethereum (ETH), BNB, Cardano (ADA), Solana (SOL), Dogecoin (DOGE), Polkadot (DOT), Shiba Inu (SHIB), Avalanche (AVAX) and many others, which recorded falls between 2% and 5% at the time of publication.

However, the pleasant surprise for this August 17 comes from the hands of eos, digital currency associated with the network of the same name, which in the last 24 hours increased by 16% and is currently trading at about USD $1.54 per unit. These fluctuations appear to be associated with a ruling issued by the Southern District of New York, which cleared Block.one, company behind the project a class action lawsuit by a group of investors.

The most notable news this August 17

We understand that this is a complex and especially sensitive moment in the cryptocurrency market, but if you are one of the people who see opportunities with current prices, we remind you that our section CryptoMarkets already has buttons so you can buy your favorite digital currencies.

If you want to acquire Bitcoin (BTC), prefer to buy Ethereum (ETH) or want to get some tether (USDT), you just have to access our page CryptoMarkets and click on the currency of interest. In addition to seeing its price, evolution and other market data, you will also find a buy button that will take you to a reputable exchange where you can do your trading.

Acquire your favorite cryptocurrencies via DiarioBitcoin
Acquire your favorite cryptocurrencies through the purchase button in DiarioBitcoin

We recommend everyone to be very attentive as this possibility will be incorporated soon for a greater number of digital currencies.

Report sponsored by CryptoMarket
Report sponsored by CryptoMarket

With information from CryptoMarkets DailyBitcoin Y CoinMarketCap

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WARNING: This is an informative article. DiarioBitcoin is a means of communication, it does not promote, endorse or recommend any investment in particular. It is worth noting that investments in crypto assets are not regulated in some countries. May not be suitable for retail investors as the full amount invested could be lost. Check the laws of your country before investing.

John R. Zepeda

I have extensive experience working as a content writer in the areas of cryptocurrencies and finance, where I create interesting pieces that both inform and engage their audiences.

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