Sunday, November 28, 2021

Results of the week

Results of the week: bitcoin collapsed below $ 55,000, and land in Axie Infinity was sold for 550 ETH

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The price of the first cryptocurrency was adjusted below $ 55,000, the virtual land in the NFT game Axie Infinity was sold for a record 550 ETH, Biden announced plans to leave Jerome Powell as head of the Fed and other events of the outgoing week.

The price of bitcoin fell below $ 55,000

On Friday, November 26, quotes of the first cryptocurrency fell below $ 55,000. The decline was accompanied by the liquidation of positions in the amount of $ 156 million in the futures market.

The next day, the price of digital gold continued to drop, in the moment reaching the mark of $ 53,500 (at the Binance exchange).

One of the reasons for the fall could be the exposure of options on November 26 by almost $ 3 billion. Another is news about the discovery of a new strain of SOVID-19. Traditional markets have also responded to the latter.

At the time of writing, bitcoin is trading near $ 54,100.


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