As a reminder, back in April, the Bitcoin price exceeded $ 62,000.
The rapid fall in the value of the Bitcoin cryptocurrency continues. Just this morning we wrote that it dropped below 40 thousand dollars, and now the price is about 34.5 thousand dollars. As a reminder, back in April, the Bitcoin price exceeded $ 62,000.
Bitcoin fell to $ 30 thousand, but has already corrected around $ 34 thousand
Interestingly, at about 16:00 Moscow time, the price dropped to $ 30 thousand, but has already corrected. Over the past day, the cost of the cryptocurrency has dropped by 20%, and compared to last week, Bitcoin has fallen in price by almost 40%.
As we reported earlier , China yesterday banned financial institutions and payment companies from any cryptocurrency-related transactions, and also warned investors against speculative cryptocurrency trading. At the same time, individuals have the right to continue to own cryptocurrencies. This prompted a further drop in cryptocurrency, which began last week, after Elon Musk announced that Tesla had stopped accepting Bitcoin as payment for its electric cars.
Ethereum fell to $ 2,460, that is, by 43%, in a week, and Dogecoin has fallen in price by almost 30% over the past 7 days and is now worth $ 0.35.
According to Bybt, $ 3.3 billion in long positions liquidated in BTC in the last hour
