Bitcoin extends losses because it is looking for a fair price

Bitcoin fell on Tuesday on the right track of the third consecutive loss amid the risk hatred with the treasury recovery for 10 years.

The most valuable cryptocurrency in the world is now seeking fair prices through a wide exchange between bulls and bears.

the price

Bitcoin decreased by 0.75 % in Bitstamp today to 95,101 dollars, with the session rising at 96,313 dollars.

Bitcoin lost 0.5 % on Monday, and the second like this is the loss in a row.

The marketing value of the encryption

The market value of encrypted currencies fell more than $ 80 billion on Tuesday to a total of $ 3.250 trillion.

US yield

Treasury revenue in the United States increased for 10 years by 0.9 % today on the right track to get the first profit in three days, and to stay away from its lowest levels per week by 4.447 %, which supports Greenback.

Federal Reserve official, Michelle Bowman, said it wanted more evidence that inflation is heading down before lowering prices again, amid uncertainty in continuous trade.

According to the Fedwatch tool, the risk of reducing the Federal Reserve was 0.25 % in March only 2.5 %.

Investors are now waiting for more notes by federal reserve officials, and additional data before March meeting to collect more clues.

Adel pricing

As usual, Bitcoin is now in the process of getting rid of its highest levels in records and seeking a fair price through regular demand and offer.

Bitcoin has made ground gains in recent months, with a 40 % increase in November after the US presidential Donald Trump’s victory, who eventually sent the price to nearly $ 110,000.