The price of bitcoin faces a major devaluation this Friday (26) that made the cryptoasset drop nearly 10% in less than 24 hours. Tracking the financial market, the digital currency plummeted about US$ 6,000 on fears of the spread of a new variant of the coronavirus.
According to CoinMarketCap data, the bitcoin price lost the US$ 54,000 resistance with today’s great devaluation, hitting a daily low of US$ 53,625 from the high of US$ 59,367.97, recorded moments before the start of the considerable price drop.
This unexpected drop was caused by discovering a new variant of the new coronavirus in South Africa, called B.1.1.529 and which has 50 mutations. The fear of a new wave of the worldwide spread of the new coronavirus reflected directly on the markets, impacting the major cryptoassets.
With a devaluation of 7% on the day, Solana is currently being quoted at US$ 197.91. In the past 24 hours, the price of Solana has recorded a low of US$ 184.33, in contrast to a high of US$ 216.40 in the same period.
In addition to the new variant of the new coronavirus, the bitcoin price may have been influenced by the options market, with a large volume of contracts maturing this Friday (26), which historically brings a substantial increase in volatility.