The bitcoin rate on Monday fell to its lowest level in more than a month, ether (Ether) – below $ 3,000.
The pressure on the cryptocurrency market is exerted by the general risk aversion of investors, as well as signals of restrained demand from new investors, Bloomberg notes.
As of 1:45 p.m., the bitcoin rate retreated 3.05% to $39,058. Earlier in the session, it fell below $39,000.
The exchange rate of ether fell by 4.2% to $2916.6.
Technical analysis shows that despite bitcoin’s recent drop, the cryptocurrency is “not yet close to oversold levels” and the nearest support level of $35,000 is likely not to hold, said 22V Research analyst John Rock.
“We remain confident that bitcoin will drop to $30,000,” the expert says.
The cost of bitcoin has fallen by 5% over the past month, and by almost 16% since the beginning of the year.
The capitalization of the global cryptocurrency market, according to CoinGecko, has decreased by 4% over the past 24 hours, to $1.9 trillion.
A group of U.S. Democratic lawmakers, including four senators and a member of the House of Representatives, will travel to Poland, India, Germany, Nepal and the United Arab Emirates to garner support for Ukraine.
“This strong congressional delegation will have the opportunity to meet with U.S. military leadership and troops in Poland in order to learn how the U.S. can continue to support Ukraine and our NATO allies against Russia’s unprovoked and unwarranted war,” the lawmakers said in a joint statement, according to The Hill.
“In addition, the delegation will meet with a number of key foreign leaders in Poland, UAE, India, Nepal, and Germany to strengthen ties during this period of heightened global tension,” the congressmen said.
Other senators making the trip with Kelly are Kirsten Gillibrand (D-N.Y.), Cory Booker (D-N.J.), Ed Markey (D-MA), along with Rep. Mondaire Jones (D-N.Y.), the lone House member.
GERMANY, INDIA, NEPAL, POLAND, SUPPORT, U.S. DEMOCRATIC LAWMAKERS, UAE, UKRAINE
In the capital, from Monday, the time for transporting passengers in the subway and in land transport will be increased, the press service of the Kiev City State Administration reports.
“From today, the Kyiv metro will carry passengers from 06:30 to 20:00, ground transport – from 7:00 to 21:00,” reads a message published on the telegram channel on Monday.
The administration also reminded that in Kyiv and the Kiev region, a curfew lasts every night from 22:00 to 05:00.
Spain soon intends to return the embassy to Kyiv, Prime Minister Pedro Sanchez said on Monday.
“Soon we will reopen the Spanish embassy in Kyiv,” he said in an interview with the Antena 3 TV channel.