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Bitcoin rate: market news analysis, February 6, 2019

As of 16:00 Moscow time, on February 6, the Bitcoin market was estimated at $ 59.8 billion. According to CoinMarketCap, morning sales of cryptocurrency led to a decrease in market capitalization by $ 1.1 billion.

The weighted average BTC coin price has dropped from $ 3,470 to $ 3,400. On the cryptocurrency exchanges, the price of bitcoin against the US dollar today reached minimums at a key level of $ 3,350.

CoinMarketCap statistics
CoinMarketCap statistics

According to market experts, the decline in the price of Bitcoin in Asian trading on February 6 was influenced by technical factors.

Currently, buyers manage to keep BTC / USD quotes above the key level, but the market does not have enough support to reverse the bearish trend.

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