Bitcoin lost ground: the exchange rate fell below $100 thousand

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After a historic high, bitcoin fell to 9 98.6 thousand due to rising unemployment in the United States. Other cryptocurrencies are also showing declines, with the exception of XRP, which hit a six-year high.

The world's largest cryptocurrency could not last long with a price of 1 100 thousand and quickly fell to 9 98 thousand.

This is evidenced by the data of cryptocurrency exchanges, reports UNN.

Bitcoin remained at the price mark of 9 98,639 Kiev time. Traders say that such a drop was expected. The reason why Bitcoin did not continue to grow in such a coveted zone of 100 thousand dollars is the new US economic indicators, which talk about the growing unemployment rate.

As for other cryptocurrencies, prices for most cryptocurrencies moved in a narrow range, experiencing some pressure from bitcoin's losses. 

Ether is down 0.7% to.3,893. 22 and up almost 8% over the past seven days. XRP, which has been the biggest beneficiary of speculation surrounding the next SEC Chairman, lost about 3% but is up more than 36% in 7 days - the fifth consecutive week it has seen significant gains.

The price of XRP hit a six-year high on speculation that the SEC will end its long-running lawsuit against issuer Ripple. Solana, Cardano and Polygon fell from 2% to 5%.

Among meme tokens, Dogecoin fell by more than 5%.

recall 

Yesterday, Bitcoin for the first time exceeded the познач 100,000 mark, thus setting a new historical high since the launch of the cryptocurrency.  cryptocurrency rose amid Donald Trump's victory in the US presidential election.   

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