Date: 5 months ago   Category: Economy

The course NEO falls again as she has lost considerable cost in the last 24 hours


Positive impulse in the market of cryptocurrencies very difficult now. The last Bitcoin in real time rejection causes very few panic sales that is quite expected. For example, the price of NEO is again lost as she has lost considerable cost in the last 24 hours. The price of NEO continues to fall All alternative cryptocurrencies substantially rely on the Bitcoin impulse to note profits or losses. Considering as the Bitcoin endures one more rough patch from now on, it is only normal that altkoina won't be better. In Neo the price is a fine example of this negative tendency as its cost has fallen lower than $17 times.

Is decrease is generally fed with loss of 7,81% in the last 24 hours. Considering as such decrease completely should be expected when the price of Bitcoins falls as a brick, nobody will be really surprised, having seen falling of the price of NEO $17 are lower. It is expected that this recession won't weaken in the nearest future though as the worst still ahead when in department of Bitcoins the real panic begins.

If to speak about it, then NEO/BTC coefficient has also decreased by 4,26%. It also should be expected though it shows that altkoina will continue to face heavy fight differently. While the Bitcoin remains in red, it is improbable that other cryptocurrencies will be better. Price-this NEO just an example of how bad things can receive for very short time.

that the volume of trade in cryptocurrencies still remains on the low party an altkoina also don't note any real success in the department. For Neo, his trading volume has fallen to $55.91 m that more than acceptable, considering all circumstances. More than it is enough to keep the current price of NEO near the level of $17 though further falling to $16 is also not a question.

At the moment Binance continues to be in the lead on the volume of trade of OSZ. His couples of USDT and BTC strongly advance the Bitfinex USD market. LBank offers other couple of BTC whereas USDT couple of BitForex are excluded. Thus, couple of HITBTC USDT are the "official" fifth market from the point of view of the counted volume. The interesting list though still it is necessary to see that it waits for us in the future.

These next few days will be very disturbing for all cryptoforeign exchange markets. Investors are still frightened of ETF deviations, even in spite of the fact that there is a zero chance that SEC will approve such vehicles in present circumstances. Thus, it is normal that there will be some panic sold for some time, especially on the weekend directly round the corner.

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