Amid volatility Bitcoin surpasses USD $47,000 and Solana hits new all-time highs on August 27th
Amid volatility Bitcoin surpasses USD $47,000 and Solana hits new all-time highs on August 27th By Angel Di Matteo @shadowargelWhile

Bitcoin

faces some volatility, the surprise for this August 27 comes from the hands of

Solana

, which surpasses the barrier of USD $80 per unit.

***

Bitcoin

surpasses USD $47,000 this August 27th

We begin a new price report reviewing what we have seen in the case of Bitcoin (BTC

), a currency that for the morning of this August 27th is trading at USD $47.326 per unit, capitalizing slight gains of 0.14% over yesterday.

According to information published by our section CryptoMercados

, perhaps the most remarkable of the day were the fluctuations capitalized by the digital currency in the last 24 hours. Its price fell to USD $46.394 shortly before 9:00pm (New York time), and a few hours ago it reached the highest value of the day after reaching USD $47.792 per unit. Evolución precio de Bitcoin este 27 de agostoEvolución precio de Bitcoin este 27 de agostoBitcoin price performance on August 27th As

we indicated in yesterday’s report, it seems that the volatility seen in the prices of the digital currency will be constant for the time being, so it is difficult to estimate the direction of its price in the short term, precisely because of the expectations that are moving in the market. While some argue that the uptrend has not stopped, other analysts are more pessimistic and suggest that Bitcoin

may go down again.

However, the general consensus is that Bitcoin will become a very well traded asset going forward, although the invitation is to trade very cautiously and with a lot of caution.

take steps to avoid adverse outcomes.

Solana hits new all-time highs on August 27th

But the big surprise for this Aug. 27 comes from Solana (SOL ), the digital network coin Blockchain of the same name, which capitalized new all-time highs during the day and was trading at the time of publication at about USD $81.64 per unit.

According to information published by our CryptoMarkets section, in the last 24 hours the token rose more than 20%, reflecting the interest seen among enthusiasts and investors in the digital currency. It is worth noting that Solana has been justly one of the best performing coins in recent weeks, which has derived the following profit margins:

  • Gains of 15% in the last seven days.
  • 93.4% gains in the last two weeks.
  • Return of 198% in the last month.
  • Growth of over 4,300% heading into early 2021.

According to analysts, the increase seen in Solana’ s price is accompanied by the growing interest of investors and developers in its Blockchain network , which offers good properties in terms of scalability and speed, adjusting quite well to the needs of the Decentralized Finance (DeFi)ecosystem.

Winners and losers of the day

Finally, below we review the cases with the most pronounced fluctuations for this August 27.

Winning cryptocurrencies

Losing cryptocurrencies

To buy cryptocurrencies via DiarioBitcoin

Now that Bitcoin and the main cryptocurrencies register important increases, if you are one of those who see opportunities and want to buy cryptocurrencies, we remind you that our section CryptoMarkets already has buttons for you to proceed to buy your favorite digital coins.

If you want to buy Bitcoin (BTC ), prefer to buy Ethereum (ETH ) or want to get some Tether (USDT ), you just need to go to our CryptoMarkets and click on the buy button. We recommend everyone to be very attentive as this possibility will be added soon for a larger number of digital currencies.

Nuevos botones de compra a través de CriptoMercados

Report by Angel Di Matteo / DiarioBitcoin

Image by Unsplash