The price of the "digitized" currency was marginally higher by spot trading on Monday in a new attempt to trade above $ 4,000, but these remain under the pressure of the weak trading that dominates the digital market at the moment as the market needs more positive news that improves demand levels Investment and attract new investors.
At 08:00 GMT, the digital currency is trading around $ 3,977 with a rise of $ 7, or 0.2%, at $ 3,970, the highest at $ 3,980 and the lowest at $ 3,960.
On Sunday, "Bettkwin" lost 0.25%, the first loss in three days, amid limited trading dominating the largest digital currency in the world.
The market value of digital currencies on Monday rose by about $ 250 million to a total of $ 140 billion, with marginal gains in most major currency markets.
The digital market is very weak at present, with intraday trading declining by one billion US dollars in the last 48 hours, as the market now needs new news to stimulate investment demand levels and attract new investors.
The Director-General of the Bank for International Settlements, Augustine Carstens, has advised against issuing digital currencies to central banks, which could destabilize the financial and banking system by enabling people to transfer their money from commercial banks to central bank accounts faster.
Asset management company Bitwise published an analysis of the index-linked funds to the US Securities and Exchange Commission (SEC) in the United States, claiming that 95% of the volume of trading on unorganized exchanges appears to be false or uneconomic.
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