Bitcoin Drops Below ,000
Home » today » Business » Bitcoin Drops Below $20,000

Bitcoin Drops Below $20,000

by

The digimunt will also be hit hard during the weekend.

–

Bitcoin fell to a low of $18,740 on Saturday. According to Bloomberg data, bitcoin has been falling for 12 days in a row. Bitcoin is also traded on Saturdays and Sundays. Unlike stock investors, crypto traders are not allowed a weekend rest.

–

–

It is the first time in a year and a half that bitcoin is worth less than $20,000. Since the beginning of this year, the value of the main digital currency has fallen sharply, but last week in particular saw a crash. In about a week, bitcoin has lost a third of its market value. On January 1 of this year, bitcoin was still worth more than $47,000. Last November, the digital currency peaked at more than $68,000.

–

Other digital coins are also hit. Ether, the second most important currency, fell through the $1,000 mark for the first time since January 2021 and is now at $975.24. Ether, like bitcoin, is 70 percent below its November peak.

–

Read how the decline in the value of crypto coins can affect the financial system here.

–

–

Related posts:

Gold prices today, Tuesday, in Egypt.. 21 carats, registering 1650 pounds
ChatGPT Develops Deceptive Tactics to Outsmart Captcha Tests Conducted on Humans.
Oil Prices Tumble as China's Economic Concerns Overshadow OPEC+ Cuts
Dental Services Market Size 2020-26 Pacific Dental Services, Mydentist, Q&M Dental - Thesneaklife
Ernest Guibourd · On the Legal Mortgage of the Married Woman. Theses For The Doctorate (Paperback Book) (2017)

Ernest Guibourd · On the Legal Mortgage of the Married Woman. Theses For The Doctorate (Paperback Book) (2017)

Last Minute: Okan Buruk became the new coach of Galatasaray! Dursun Özbek gave a date…

Last Minute: Okan Buruk became the new coach of Galatasaray! Dursun Özbek gave a date…

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.