Tuesday, July 5, 2022
HomeDigit NewsDramatic Bitcoin collapse: the rate fell from 57 to 45 thousand dollars....

Dramatic Bitcoin collapse: the rate fell from 57 to 45 thousand dollars. Bitcoin pulled other cryptocurrencies along with it


Last night, the Bitcoin rate began to gradually decline from 57 thousand dollars. As of 4:00, Bitcoin was worth about $ 53,000, but then there was a dramatic crash to $ 45,000.

Over the course of the day, the drop was almost 18%, over the week the rate dropped by 15%. The market capitalization of the cryptocurrency has dropped to $ 879 billion, although not long ago it was $ 1.3 trillion.

Another popular cryptocurrency, Ethereum, now costs about $ 3.7 thousand, while the cryptocurrency rate has decreased by 18% per day and by 10% per week. Ethereum has a market cap of $ 441 billion.

Bitcoin pulled other cryptocurrencies along with it. The Dogecoin cryptocurrency backed by Elon Musk has fallen in price by 26% in a day and by 25% in a week, the Shiba Inu rate has decreased by 20%.

As a reminder, only yesterday a forecast was published that bitcoin rate may increase to 100 thousand dollars in the near future.

Updated: Bitcoin has won back some positions and is trading around $ 47K.

MOBILE
- Advertisment -

Auto

Two Wheeler

BUSINESS AND FINANCE

Digit News