BTC Price Drops 16% in 24 Hours

The first cryptocurrency, according to CoinmarketCap, fell in price by 16.53%. For 7 days, the price fell by 24.98%. At the time of writing, the cost of BTC was $23.49 thousand.

Along with bitcoin, other cryptocurrencies from the TOP also fell in price. The cost of ETH was $1230, BNB - $225. Dogecoin lost the most in price. The cost of DOGE decreased by 19% in a day and by 32.88% in 7 days.



The fall in the value of cryptocurrencies has intensified trading. Bitcoin, which lost 16.53% of its capitalization per day, traded 105.58% more actively.

According to the Coinglass platform, $500 million worth of positions were liquidated in the futures market. According to some analysts, there is currently no evidence in favor of an early trend reversal.

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CoinShark is not responsible for the content, accuracy, quality, advertising, products or any other content posted on the site. This article is for informational purposes, prepared on the basis of materials and information from open sources . Cryptocurrency is a high-risk asset, investing in it can lead to losses. Readers should do their own research before taking any action.

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