Bitcoin (BTC), Ethereum (ETH) and Dogecoin (DOGE) operate in sharp decline this Thursday

All cryptocurrencies present in the list of ‘top 10 in the market’ operate in the red on the morning of Thursday (8), according to data from CoinMarketCap.

Bitcoin (BTC), which showed signs of recovery yesterday, is trading at $32,601 after losing 6% of its value in the last 24 hours.

In real, the cryptocurrency dropped from R$179 thousand to R$173 thousand, according to the Price Index of the Bitcoin Portal.

In the week, the BTC accumulates losses of 2%. The currency is 49% off its historic high of $64,000 in April.

ETH and altcoins

Like BTC, Ethereum (ETH) also fell. The currency is quoted at US$ 2,172 after devaluing 8.53% since the morning of Wednesday (7).

In Brazilian real, the average price of cryptocurrency on the main exchanges in Brazil is R$ 11,544.

Dogecoin (DOGE), Tesla CEO Elon Musk’s favorite, collapsed 8% in the last 24 hours. This morning, the cryptocurrency meme is worth $0.21.

Binance Coin (BNB), Cardano (ADA), Polkadot (DOT) and Uniswap (UNI), which close the list of the top 10 in the market, also operate in the red.

BNB – US$ 315 (-4.39%)
ADA – US$ 1.36 (-3.95%)
DOT – US$ 15.49 (-6.74%)
UNI – US$ 20.43 (-10.19%)

China FUD

Cryptocurrencies have not yet recovered from the ‘bump’ generated by the increased repression in China.

In recent months, the Asian country has closed bitcoin miners and asked banks to help fight the sector.

This has generated an exodus of Chinese miners, who have already started to move to other countries, such as the United States.

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