Today’s encryption price: Bitcoin decreased to less than $ 96,000; Dogecoin, sui falls up to 8 %

The main encrypted currencies were traded on Wednesday, February 12, with blue codes, including Bitcoinand ethereumXRP, Solana, Cardano, SUI, and Dogecoin, decreased by up to 8 %.

As of 12:39 pm, Bitcoin decreased by 2.5 % to 95,892 dollars, while ETHEREUM decreased by 4.14 % to $ 2,604. The maximum Cryptocurrency global market has decreased by 3.11 % to $ 3.14 trillion over the past 24 hours.

Bitcoin fell below the support level of 96,200 dollars after comments from the President of the US Federal Reserve Jerome Powell at the Digital Assets Committee of the Financial Services Committee in the House of Representatives. Powell referred to plans to organize Stablecoin, but he ruled out the introduction of a central bank’s digital currency (CBDC) in the foreseeable future.

“Bitcoin is hovering around the main resistance of $ 96,000 after the Federal Reserve President Powell’s observations about maintaining current interest rates,” said VIKRAM SUBBURAJ.Also read: Rich Abi Faqir, author Robert Keusaki, Trump descends as “the first bitcoin president”

Another major altcoinsIncluding XRP (-4.7 %), Solana (-5.3 %), BNB (-1 %), Dogecoin (-6 %), Cardano (-4.2 %), chainlink (-6 %), Avalanche (-6.2 %), Stars (-6 %), Tron (-3.2 %), sui (-8 %) and Shiba Inu (-4.6 %) have seen declines. In the last 24 hours, the maximum Bitcoin market fell to $ 1.9 trillion. Bitcoin is now 60.47 %. BTC volume increased in the same period by 7.7 % to 36.95 billion dollars. Meanwhile, Stablecoins accounted for $ 94.9 billion of this folder, or 92.77 %, according to CoinmarketCap.

“Technical indicators, such as MACD and 50 days EMA, indicate that a positive view of Bitcoin, with potential resistance levels approaching $ 100,000. Decreased to about $ 92,00,” said Sathvik Vishwanath, co -founder and CEO of UNOCOIN. “

Also read: American encryption policies under Trump: a new era for global innovation

(Leave responsibility: Recommendations, suggestions, opinions and opinions that experts make are their own. These are not the opinions of economic times)