The price of Bitcoin is falling.. Here is its value

0
15


The price of the encrypted digital currency Bitcoin continued to decline in trading today, Tuesday, to reach its lowest level since last August, after the global sell-off of the highest-risk assets, which led to a decline in the total value of the cryptocurrency market to less than two trillion dollars.

And Bloomberg News Agency indicated that the price of the largest digital currency in the world fell 7.6% to $ 40,237 per unit, before recovering some of its losses. And the price of the second largest digital currency, altruism, fell to less than 3000 dollars per unit. Other less valuable currencies, such as Cardano, Solana, Polkadot and Dogecoin, declined, according to CoinGeco, a website that tracks the performance of cryptocurrencies.

The decline of digital currencies comes in light of fears of a liquidity crisis in the financial markets as a result of the debt crisis of the Chinese real estate company Evergrande Group, which is the largest indebted real estate developer in the world today.





LEAVE A REPLY

Please enter your comment!
Please enter your name here