Bitcoin Exceeds the $ 9,000 mark again but fell again on May 1st. Analysts are forecasting further growth in the coming days.


Again Bitcoin Surprising investors and enthusiasts again on May 1, when the digital currency surpassed the $ 9,000 mark for the second time this week, but again posted a slight decline that surprised many.

price of Bitcoin exceeds USD $ 9,000 on May 1

For this May 1st we have to Bitcoin (BTC), The main digital currency of this ecosystem is trading at around USD 8,909 per unit, a price 0.65% higher than yesterday’s.

If we analyze the price development in detail in the last 24 hours, we have to Bitcoin It again crosses the $ 9,000 mark at 7:30 a.m. (New York time) and remains about an hour above that price. At 8:30 a.m., however, its value falls again and appears to be stabilizing at USD 8,934 per unit to continue its decline.

On the other hand, markets saw a sharp drop in daily trading volume compared to yesterday as it rose from around $ 74,618 million to $ 52,315 million in 24 hours, reflecting a significant drop in the number of trade orders placed on the major stock exchanges come in.

Given the development of the market Bitcoin at other times and in the light of great enthusiasm for everything that has to do with it Halve to digital currency within 11 daysAnalysts predict a high probability that the price of the digital currency will continue to rise in the coming weeks.

ether and main Old coins register slight increases

The second digital currency with the highest commercial reputation, Ether (ETH), There has also been a slight increase from yesterday, so the price is over $ 214 at the time of publication.

Similar to the case of Bitcoin, The digital currency also saw a decline in daily trading volumes in the main markets as it declined more than $ 6,000 million and exceeded $ 23,077 million at 9:00 a.m.

As for the most important old coins, most exponents of the ecosystem maintain prices similar to yesterday’s at the same time. However, on May 1st, the cases of Hyperion (HYN), Hedera Hashgraph (HBAR) and DigiByte (DGB) as the main winner of the day with prizes of $ 0.32 (+ 14.4%) / $ 0.04 (+ 13.9%) and $ 0.02 (+ 7.4%).

With the biggest losses at the time of publication we have HIVE, Nervos Network (CKB) and Crypto.comCoin (CRO)whose prices fell to $ 0.41 (-6.29%) / $ 0.004 (-3.59%) and $ 0.06 (-2.51%).

If you want to see which currencies recorded the highest increases and losses, you can view our table here:




$ 0.02




$ 0.04


Hedera hash graph


$ 0.04




$ 0.13


Ethereum Classic


$ 6.98





$ 0.37


Streamr DATAcoin


$ 0.07


KuCoin shares


$ 0.95


Kyber Network


$ 0.68




$ 40.68


Development of the main markets on May 1st

Ultimately, these responses in the digital currency ecosystem coincide with a decline in the major equity markets that will open on May 1, and will experience a much larger decline than in the past few days.

The indicators of NASDAQ, Dow Jones y S & P 500, Open today and with losses of almost 2%.

For its part, the oil market is again higher than the price of crude oil WTI It is around USD $ 19.62 (+ 4.19%) and the Brent amounts to approximately USD 26.59 (+ 0.24%).

Related articles

Halving Bitcoin: Everything you need to know about this event scheduled for May 12th

Bitcoin price reached USD 9,400 and declined on April 30

Sources: CryptoDaily MarketsBitcoin, CoinMarketCap, Businessinsider

Angel Di Matteo’s report / DailyBitcoin

picture of Unsplash


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