Swap NEAR Protocol (NEAR) to Bitcoin (BTC)

At the beginning of May 2022, the price of the Near protocol token in BTC was at the level of 0.0003. During the first week of the month, it was growing and reached 0.00032 on May 5. After a short drop caused by the recovery of Bitcoin, the NEAR to BTC price chart jumped up to 0.000339 as the Near protocol gained some value. But on May 11 the crypto market got shaken by the price losses. The NEAR to BTC price also went down reaching 0.00019 as Bitcoin was still outperforming Near protocol despite the downtrend. 

After May 12 the price of NEAR in BTC recovered to 0.00022, but in the next few days dropped again due to the volatility of the Near protocol token. While Bitcoin was stably low compared to its previous level, the NEAR token was swinging, slightly moving in a downward trajectory, that’s why the NEAR to BTC conversion rate was also going down and by May 26 it reached 0.00018. 

In the last days of May, the NEAR price decreased even more and the NEAR to USDT exchange ratio dropped to 0.00016 and then returned back to 0.00019 at the very end of the month. In June the crypto market continued to experience the sell-offs that affected most of the cryptocurrencies. At that time both NEAR and BTC were losing their prices. 

The main drop started happening on June 10 and by June 13 the Near protocol token declined by almost 30% making its price in BTC go down as well. At that time the NEAR to USDT price chart was at the level of 0.00012. From June 14 the downtrend of Bitcoin got stronger while the NEAR token managed to stabilize and the users could swap NEAR for 0.00015-0.00016 BTC till the end of June. At that time the price of NEAR made a short attempt for recovery and the NEAR to USDT conversion rate also went up to 0.00019 for a few days before it returned to the previous level of 0.000016. 

The Near protocol to Bitcoin Price Chart stayed stable until the middle of July. From July 17 the NEAR price recovered some of its value and established a new higher support level. By July 25 the NEAR/BTC trading pair was available at around 0.00019, but as Bitcoin joined a new bull season the price of the trading pair went back to 0.00017 and only grew to 0.000188 at the end of July.