Is the fall going on?

The relative stabilization recorded after the new year continued with another fall in the cryptocurrency market on the night of January 10-11. The reason for the occurrence of intensive sales, provoked a decline in the price of Bitcoin to $ 3,700.

Analysts estimate is difficult to discern encouraging trends. Experts are inclined to believe that Bitcoin quotes may drop to a critical level of $ 3,000 if the price does not undergo a correlation upwards to $ 3,800–3,850 by the end of the day. Leading alctones, with the exception of Tether, are in the red zone.

Over the past 48 hours, market capitalization has fallen by $ 16 billion.