@BOMBERuss 11 April 2022 more from that month

#Bitcoin started to suffer big losses last week. The pressure has been increasing over the past few days, and now the cryptocurrency is facing a pullback below $42,000. At the time of publication of this review, the largest digital currency was trading at $42,930. The capitalization of BTC for the week fell by almost 9% to $804.62 billion. All leading altcoins start a new week in the red zone. Terra (#LUNA) and Avalanche (#AVAX) suffered the biggest losses, they fell in price by 5% per day to $88.71 and $79.97, respectively. Ether (#ETH) and Binance Coin (#BNB) on Monday, April 11, fell back by 2% to $3180 and $417. Solana (#SOL), #XRP and Cardano (#ADA) fell in price to $110.6, $0.743 and $1.02. The capitalization of the crypto market has decreased to $ 1.94 trillion. According to Bloomberg analysts, bitcoin is in a high risk zone. Already today, the coin may fall below $42,000 if the US stock market opens trading with a drop in business activity indices. The correlation between #BTC and Nasdaq reached record values at the end of last week (0.6945). Most likely, the dependence will continue in the coming days, and the correction of BTC will become inevitable in the event of capital withdrawal from risky assets, experts predict.