@BOMBERuss 19 February 2022 more from that month

The price of bitcoin on the Binance crypto exchange dropped to $39.7 thousand for the first time since the beginning of February. During the day, the value of the cryptocurrency fell by 6%, and the capitalization decreased to $ 758 billion, according to CoinGecko. At 18:00 Moscow time, the asset is trading at $40.6 thousand. Bitcoin continues to decline after its value updated the local maximum on February 10 at $45.8 thousand. At the beginning of January, the price of cryptocurrency fell to $32.9 thousand for the first time since July 2021. Earlier, JPMorgan's chief global strategist David Kelly warned that the crypto market will continue to fall as the US Federal Reserve raises the interest rate. According to Kelly, the Fed's actions will put an end to the era of "insane speculation" in the digital asset market.