Bitcoin price fell by 4.7 percent
Bitcoin price : The price of Bitcoin declined by 4.7 percent and its price dropped to $ 52250 at 1 pm in Hong Kong, its lowest price in 2 weeks. Its price has fallen by 15% from the record.
The price of Bitcoin declined by 4.7 percent and its price dropped to $ 52250 at 1 pm in Hong Kong, its lowest price in 2 weeks. Its price has fallen by 15% from the record.
Bitcoin Highlights:
A huge drop in the price of cryptocurrencies including it, Powell said the risk of investing in cryptocurrencies, the absolute it, has fallen 15 percent below the record level, still up 700 percent from last year.
The price of Bitcoin price has been reduced by 15% from the record.
The world’s most popular cryptocurrency Bitcoin prices fell drastically today. Bitcoin prices fell after a statement by US Federal Reserve Chairman Jerome Powell. Powell said there is a lot of risk in investing in cryptocurrencies. He also said that cryptocurrencies could be an alternative to gold instead of dollars.
Bitcoin price fell by 4.7 percent
After his statement, the prices of cryptocurrencies have been seen to fall drastically. The price of bitcoin dropped by 4.7 per cent and its price came to $ 52250 at 1 pm in Hong Kong, its lowest price in 2 weeks. Earlier this month, the price of bitcoin reached $ 61742 but since then it has fallen by 15%. However, it is still 700 per cent higher than the previous year.
Musk tweet on it
It had gained momentum for a while following Tesla CEO Elon Musk statement on Wednesday. Musk said that Tesla would accept bitcoin as payment. That is, Tesla trains can be bought with bitcoins. Apart from bitcoin, other cryptocurrencies also declined today. Ethereum, XRP, Stellar and Chainlink declined by 4.26 per cent, 7.45 per cent, 6.65 per cent and 4.66 per cent respectively.
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