The bitcoin crash cost the capital market thousands of dollars.
According to the foreign news agency, after the bitcoin reached its highest level, it has now become cheaper by 15,000 thousands and for the first time since March 2021, the bitcoin has fallen below 50,000 US dollars.
The cryptocurrency bitcoin has fallen to 48,500 US dollars but has remained relatively stable since then. It is currently trading just over 49,000 US dollars.
The bitcoin is currently valued at 49000 US dollars, compared to less than 50,000 US dollars in March 2020.
In 2021, the price of bitcoin increased to a record level and on April 14, the price of bitcoin reached 64480 US dollars.
Bitcoin's record-breaking purchase saw a sudden drop in its price. On April 14, 2021, its value reached its highest level of 64,486 US dollars.
According to the Coin Market Cap, other major cryptocurrencies have also suffered significant losses in recent days and about half a trillion dollars have been wiped out of the market.
By: irfan Ali
Sure it will go up again!