Today's bitcoin news (April 9): "Failure to regain bitcoin growth momentum could plummet"

The past hours, prices Bitcoin The situation was temporarily stable when it maintained above $ 7,300, but the bulls were not subjective as the bear could drag bitcoin to the $ 6,000 zone at any time.

Bitcoin price movement over the past 24 hours
Bitcoin price movement over the past 24 hours

Over the past 24 hours, the lowest bitcoin price recorded at $ 7,162 and the highest at $ 7,424.

Bitcoin price today (April 9) at 8:45 at US $ 7,322, up 2.09% from the previous 24 hours.

Bitcoin exchange rate today
Bitcoin exchange rate

The market capitalization of bitcoin increased to 134.31 billion USD, the market dominance rate (market share) of bitcoin increased to 63.9% - according to BTA's bitcoin exchange rate.

On the market, up to 95/100 digital currencies have an increase in prices compared to the previous 24 hours. In particular, the highest increase in the market up to 34.06% of the Seele copper and the sharpest decrease is 18.22% of CyberVein.

Overview of the cryptocurrency market
Overview of the cryptocurrency market

Among the top 10 digital currencies by market value, all prices rose over the last 24 hours.

In which Bitcoin SV is the strongest gainer due to the upcoming Bitcoin SV Halving event (1 day left), while Bitcoin Cash Halving has just taken place also helping the price of this digital currency recover over the past hours.

Top 10 cryptocurrencies by market capitalization
Top 10 cryptocurrencies by market capitalization

The total market capitalization of cryptocurrencies recorded at 8h50 at 210.06 billion USD, down 7 billion USD from the previous 24 hours.

Total market capitalization of cryptocurrencies
Total market capitalization of cryptocurrencies

The market's 24-hour trading volume dropped further to US $ 137.92 billion, down US $ 11 billion from April 8.

Along BTA review the news available in the day, the content in the article will be updated as new news ..

SoFi acquired Galileo payment company for $ 1.2 billion.

Digital money finance company based in California Social Finance, SoFi, has just acquired Galileo digital payment platform.

In a press release on April 7, SoFi announced it had signed an agreement to pay $ 1.2 billion to Galileo Financial Technologies. According to CNBC, the payment included US $ 75 million in cash, US $ 875 million in securities, and US $ 250 million in financial debt from the seller.

SoFi CEO Anthony Noto said the partnership will help develop the current financial market:

“Together with Galileo, we work together to build the strength of our company to bring greater innovation in financial technology, making these products and services available to our current partners. and the future ”.

The financial company has seen a sharp increase in demand since the launch of its free digital currency trading on the SoFi Invest platform in September 2019.

Cardano partnered with the South Africa Blockchain to expand

Cardano Foundation has just announced its cooperation with the South African National Blockchain Company (SANBA) on April 7. The partnership aims to understand how to access the technology market in South Africa.

According to the official announcement, Cardano will use blockchain technology to promote socio-economic growth in South Africa. Cardano believes this partnership will help them achieve their goal of increasing blockchain adoption in the region.

Comments on bitcoin

Veteran analyst Willy Woo relies on mining indicators that Bitcoin has bottomed out. That means the cryptocurrency could soon enter a bull run.

Earlier, Teddy - a well-known cryptocurrency analyst - shared a chart showing Bitcoin was on the rise. The target for this digital currency is the $ 7,700 mark.

However, many pessimistic comments on the future of Bitcoin. Many investors believe that Bitcoin will plummet if not soon break the threshold of $ 10,000. “Bitcoin needs to reach $ 10,400 for the recent increase to make sense. By contrast, Bitcoin can go below $ 5,000 and maybe even $ 4,000, ” trader Robert Art said.

Trader D.I.Y Investing also believes that Bitcoin may be preparing for a strong rally or will start falling sharply at the nearest resistance level.

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