Peter Chef warns of “long winter encryption” as bitcoin, breaking ethereum
Leave responsibility: The opinions that our book expresses are their own and do not represent the opinions of U.today. Financial information and the market provided to U.today is for media purposes only. U.Tode is not responsible for any financial losses that incurred it during the trading of encrypted currencies. Perform your research by contacting financial experts before making any investment decisions. We believe that all content is accurate from the date of publication, but the presentations that have been mentioned are no longer available.
The encryption market faced a Sales Early Monday with most of the digital origins takes a huge blow. In the derivative markets, more than 2.2 billion dollars from the upholstery encryption sites were liquidated 24 hours, Coinglass said in the X publication on Monday, with a highlight of it as “the largest encryption crash”.
After Peter Chef, the famous critic, the famous critic and Bitcoin Peter Chef, highlighted the encryption market with a clear warning from the “long winter for encryption”.
In a tweet, Chef He pointed out that Bitcoin decreased by 7 % and ETHEREUM decreased by 33 %, saying: “If you do not notice, Bitcoin decreased by 7 % tonight, and trades slightly higher than $ 93,000, but ETHEREM collapsed. It has decreased by 20 %, trading less than $ 2,500 , But an hour ago, reached $ 2,100, a decrease of about 33 % in one night!
Chef’s comments indicate the famous earth, Punxsutawnyy Phil, who “expects” whether winter will continue or end early every year. In another tweet, he doubled the chef of his landmark, saying: “Watch Punxsutawnyy Phil his shadow today. This means that it will be the long winter season.”
While the usual Chef’s doubts remain declining in the encryption markets, Bitcoin and Microstrate President Michael Sailor Take a different position. In response to a decrease in the market, Tweet Silor: “Never sell Bitcoin.”
The sale of the encryption market
The total economic concerns motivated the sale on Crossed currency markets At the beginning of the week, with most digital assets heading the largest decrease for two days more than three years ago.
ethereumThe second largest cryptocurrency, according to the market value, suffered from the worst decrease in nearly four years on Monday as investors reduced the risks. Ethereum has decreased up to 27 % to $ 2,150 on Monday morning, its most severe decrease in the day in the centenary since May 19, 2021, before reducing losses. Other cryptocurrencies were also affected by selling, as Bitcoin currency decreased by approximately 6 % at one point.
After its acquisition since early November, almost almost all digital symbols decreased significantly for this year.
ETHEREUM was traded at $ 2564, while Bitcoin reached 95,463 dollars. The total value of the Crypto market fell by about 360 billion dollars on Monday, according to Coingecko data.
https://u.today/sites/default/files/styles/twitterwithoutlogo/public/2025-02/s5931.jpg
