empty
21.05.2021 07:31 AM
Bitcoin returns to $42,000 after yesterday's decline to $30,000

This image is no longer relevant

Bitcoin has gained ground and recovered to $42,000 today after yesterday's considerable drop to $30,000 due to the twists and turns of the crypto market in China. The country has made it clear that cryptocurrency has no value and its price is very easy to manipulate and impossible to predict because of its high volatility. "Recently, cryptocurrency prices have skyrocketed and plummeted, and speculative trading of cryptocurrency has rebounded, seriously infringing on the safety of people's property and disrupting the normal economic and financial order," the central bank said in the statement.

After Elon Musk said that Tesla had diamond hands and the company was not going to sell off any bitcoin, the digital asset surged. Microstrategy CEO Michael Saylor also supported the BTC rally. He pointed out, " Entities I control have now acquired 111,000 #BTC and have not sold a single satoshi." BTC soared amid that statement. So, BTC made a rebound after yesterday's dramatic decline to the $30,000 support level. Notably, bitcoin could have gone even into a deeper correction if not for the intervention of the hodlers and the support of main crypto enthusiasts Musk and Saylor. To continue its growth to 45,000-50,000, BTC will have to break above the resistance level. This will be a very difficult task for BTC.

Yesterday BTC faced strong selling pressure and total havoc in the crypto market. After a significant drop to the resistance level of $30,000, many began to get rid of the cryptocurrency and sell it off massively. This led to a depreciation of almost 50% of the market value of the cryptocurrency.

However, the US Treasury Department has made new comments about digital assets. It said it will require any transfer worth $10,000 or more to be reported to the Internal Revenue Service. The US Treasury Department has taken a close look at Bitcoin and will now monitor the movements of whales on the network, which will trade for more than $10,000, and this will appear in the reports. "This is why the President's proposal includes additional resources for the IRS to address the growth of cryptoassets," the department added. "Within the context of the new financial account reporting regime, cryptocurrencies and cryptoasset exchange accounts and payment service accounts that accept cryptocurrencies would be covered. Further, as with cash transactions, businesses that receive cryptoassets with a fair market value of more than $10,000 would also be reported on." Joe Biden and his administration made such a proposal as part of their tax enforcement plan.

Vitaly Kolesnikov,
Especialista em análise na InstaForex
© 2007-2025
Selecionar intervalo de tempo
5
min
15
min
30
min
1
hora
4
horas
1
dia
1
s.
Ganhe com as variações das taxas das criptomoedas com a InstaForex.
Baixe o MetaTrader 4 e abra a sua primeira operação.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    PARTICIPE DO CONCURSO

Recommended Stories

Trump dá mais um passo em direção ao mercado de criptomoedas

O Bitcoin e o Ethereum caíram no final do dia de ontem, mas depois conseguiram recuperar suas posições. Por enquanto, os vendedores ainda têm mais força do que os compradores

Jakub Novak 18:20 2025-04-11 UTC+2

Análise técnica do movimento intradiário de preços da Polkadot, sexta-feira, 11 de abril de 2025

A presença de uma divergência entre o movimento de preço da criptomoeda Polkadot (DOT) e o Oscilador Estocástico no gráfico de 4 horas sugere um possível movimento de alta

Arief Makmur 16:41 2025-04-11 UTC+2

Análise técnica do movimento intradiário de preços da Uniswap, sexta-feira, 11 de abril de 2025

Pelo gráfico de 4 horas da criptomoeda Uniswap (UNI), podemos observar uma divergência entre o movimento de preços e o Oscilador Estocástico, o que sugere um potencial de fortalecimento

Arief Makmur 16:38 2025-04-11 UTC+2

Recomendações de negociação para o mercado de criptomoedas em 11 de abril

O valor do Bitcoin e do Ethereum recuou no final da sessão de quinta-feira nos Estados Unidos, mas se recuperou durante o pregão asiático desta sexta. Já se tornou

Miroslaw Bawulski 16:03 2025-04-11 UTC+2

Criptomoedas sobem forte: Bitcoin e Ethereum registram altas expressivas

Tanto o Bitcoin quanto o Ethereum registraram altas expressivas, avançando entre 6% e 10% após a notícia de que Donald Trump havia recuado em sua postura tarifária. Uma forte onda

Miroslaw Bawulski 17:23 2025-04-10 UTC+2

Recomendações de negociação para o mercado de criptomoedas em 9 de abril

O Bitcoin e o Ethereum entraram em colapso no final da terça-feira, continuando a forte liquidação durante a sessão asiática de hoje. Outra queda acentuada no mercado acionário

Miroslaw Bawulski 16:54 2025-04-09 UTC+2

Outra queda no mercado de criptomoedas

Outra queda nos mercados de ações também atingiu o mercado de criptomoedas. Os investidores, temendo novas quedas, começaram a se desfazer maciçamente dos ativos digitais, o que provocou uma queda

Jakub Novak 16:43 2025-04-09 UTC+2

Bitcoin sob pressão de venda. Por que nem mesmo o pico poderia salvar os touros

O Bitcoin está despencando, os fundos acumulam perdas e os analistas não veem sinais de recuperação. O que está acontecendo com o líder do mercado cripto? E o que fazer

Ekaterina Kiseleva 14:42 2025-04-09 UTC+2

Recomendações de negociação para o mercado de criptomoedas em 8 de abril

O Bitcoin e o Ethereum estão se recuperando gradualmente após a forte queda no início desta semana. A situação do mercado de ações dos EUA e seu forte declínio estão

Miroslaw Bawulski 17:02 2025-04-08 UTC+2

Bitcoin – Visão geral da análise técnica

Atualmente, o mercado está testando a zona de suporte mensal entre 79.773 e 75.446. Uma consolidação abaixo dessa região colocaria os vendedores em controle, invalidando o cruzamento dourado do Ichimoku

Evangelos Poulakis 14:15 2025-04-08 UTC+2
Não pode falar agora?
Faça sua pergunta no chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.