May 12, 2021

Over the past day, Bitcoin has lost 4 thousand dollars

After several days of upward trading, much of the crypto market has plummeted in value over the past 24 hours. Bitcoin lost 4 thousand dollars and ETH fell below 4 thousand dollars.
After hitting a new 3-week high of $59 600, Bitcoin fell by about $4 000 in a matter of hours. Most of the alternative coins followed suit. Red is the dominant color today as nearly $200 billion has disappeared from the total market capitalisation.

While BTC hasn’t been able to break the $60 000 mark, it has actually shown a lot of promise in the past few days.
The cryptocurrency reached its maximum level in 3 weeks at $59 600.

However, when the community began to expect another step up to $60 000 and more, the bears got behind the wheel.
In the following hours, Bitcoin began to lose value rapidly. As a result, the leading cryptocurrency fell more than $6 000 to an intraday low of just under $53 600.
Despite the rebound and recovery of several thousand dollars, BTC still fell about 6% on a 24-hour scale. In addition, Bitcoin’s dominance in the market continues to fade and has now dropped below 43%.

Start using benefits of crypto now!

Read our blog to learn more about cryptocurrency and how you can use it for everyday life.


EXPi trade ® is registered trademark of Bertes Invest OU. Bertes Invest OU (reg. No 12449024) is registered in Estonia with its registration address at Harju maakond, Tallinn, Kesklinna linnaosa, Veskiposti tn 2, 10138, Estonia. Bertes Invest OU operates under Financial services, Providing a virtual currency services license (license number: FVT000291), issued by Estonian Financial Intelligence Unit. Contact phone number: +372 601 9100; e-mail:

Risk Awareness

Cryptocurrency is a digital representation of value that functions as a medium of exchange, a unit of account, or a store of value, but their value is completely derived by market forces of supply and demand, and they are more volatile than traditional currencies. Trading or holding funds in cryptocurrencies comes with significant risks, including volatile market price swings or flash crashes, market manipulation. Use EUPi stable coin to secure your funds from market volatility.