bitcoine latest and fresh updates today

For the first time since 2020, Bitcoin has racked up $ 20,000 in financial assets.

bitcoin latest and fresh updates today

At 2:54 pm on Saturday night, the price of Bitcoin in Hong Kong fell 6 percent to 19,377.08. The biggest market prices have fallen consistently for 12 days. Ether soon reached the 1,000 mark, reaching $ 999.86 by January 2021, before closing the deficit.

Bitcoin has fallen below $ 20,000 for the first time since December 20,000 as it reflects a deep conflict in the cryptocurrency industry between measures of currency simplicity.

At 2:54 pm on Saturday night, the price of Bitcoin in Hong Kong fell 6 percent to 19,377.08. The biggest market prices have fallen consistently for 12 days. Ether soon reached the 1,000 mark, reaching $ 999.86 by January 2021, before closing the deficit.

Edward Moya, senior market analyst in Indiana, said in a June 16 note that "the fear of rising liquidity has diminished the hunger for risky assets and prevented cryptocurrency traders from buying Bitcoin at such low prices." Crypt. "

On June 15, the Federal Reserve raised interest rates to three-quarter percentage points, the largest increase since 1994, and the central bank announced that it would take aggressive anti-inflation measures this year. Risky environments have harmed risky assets such as cryptocurrency, which has helped Bitcoin nearly 70% of its November highs.

Signs of a wider crisis are now appearing after the collapse of the Terra blockade last month and the market redemptions of the recent decision by cryptocurrency lender Celsius Network Ltd, which changed to a less-volatile feed outlook, late last year. Gone. Three Arrows Capital has done a great deal to the cryptographic hedge fund and said it was considering selling or restoring its assets. According to researcher Glasnod, pressure also kills owners who avoid selling in the long run.