The fall of 200 billion dollars in the digital currency market; Bitcoin reached below 93,000 dollars!
After reaching the $100,000 mark, Bitcoin price experienced a sharp decline and lost more than $6,000 in a few hours. Other digital currencies have also experienced a price drop.
Bitcoin hit a record high of $99,800 after a three-week rally, but failed to break the $100,000 mark. The price of Bitcoin dropped rapidly after reaching $99,000 yesterday and has now reached below $93,000. Some analysts believe that such corrections are normal after a 40% price growth.
The total value of the digital currency market also decreased by about 200 billion dollars and reached below 3.34 trillion dollars. Most of the altcoins were also down by around 13%, except for Ethereum and ToneCoin, which remained almost flat. 1 reply
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