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
