Downward movement: what will happen to the collapsed bitcoin
Bitcoin is going through difficult times right now. For a week and a half, the cryptocurrency has fallen in price by 39% and is trading at $ 19 thousand. Investors are concerned whether digital money should still be trusted and whether it is time to exchange it for euros or rubles. On the other hand, there is a temptation to invest big in the hope that bitcoin will win back the fall and bring tangible profits
The cost of bitcoin is falling by 6.98%, falling below the $ 20,000 mark for the first time since December 16, 2020, according to trading data.
At Binance, the largest cryptocurrency exchange in terms of trading volume, bitcoin as of 10.00 Moscow time fell by 6.98% to 19.487 thousand dollars.
And according to the CoinMarketCap portal, which calculates the average price for more than 20 exchanges, the cost of bitcoin decreased by 6.50% — to 19,554 thousand dollars. The dynamics are given everywhere in a day.
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