InternationalInternational Economics

Bitcoin 10% drop in today’s trades / 50% drop in value in one year


According to the Fars International Economics Group, quoting “Kevin Market Cup”, bitcoin is the original Most The world’s cryptocurrency fell below $ 24,000 in trading today.

Bitcoin has lost more than 50 percent of its value since the beginning of this year.

Bitcoin hit $ 23,750 today, a 10 percent drop from today.

This virtual currency has been declining for nearly 12 consecutive weeks.

AtriumThe world’s second-largest virtual currency also lost nearly 15 percent of its value and traded at $ 1,210, the lowest level in 15 months.

Other virtual currencies such as Dodge Quinn and others have lost more than 15 percent of their value in the last 24 hours.

Overall, the global market value of digital currencies today fell to less than $ 1 trillion to $ 926 billion for the first time since January 2021.

The market value of virtual currencies November 2021 reached a record $ 2.9 billion but has declined this year. The market lost $ 1 trillion in two months as investors abandoned risky assets in the face of rising inflation and concerns about rising interest rates by central banks to counter inflation.

Virtual currency analysts say prices are suffering from a volatile macroeconomic environment as individuals become less willing to take risks as inflation rises in the United States and other countries.

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