In the early hours of Friday, the most important asset for the financial ecosystem collapsed and broke the $55,000 line.
With a drop of 8.5% in the last week, Bitcoin (BTC) deepens its bearish streak and fails to take off. Thus, the main digital asset is at $54,912.
At the close of the first week of September, Bitcoin is bleeding out and is now below $55,000. Despite having registered a 1% rise in the early hours of Friday the 6th, the asset did not sustain that trend.
Since the end of August, the most important cryptocurrency for the market suffered a sharp drop in its price (it was above $60,000) and has not returned to position itself near $70,000.
Now, with a drop of more than 3% so far this day, the market is worried about what will happen in the coming days. Meanwhile, positive signals are expected from the US macroeconomic data, which could change the trend.
Altcoins also followed this bearish streak and suffered a sharp collapse at the close of the week. Solana (SOL) was the asset that fell the most (-4%), followed by Ethereum and BNB (-2.5%).
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