Bitcoin Drops To The Lowest Level Since August

Bitcoin pulled up to $ 38,200 levels this morning, making all investors regret waking up. The fall of Bitcoin, of course, brought the entire market down.

While the cryptocurrency market has continued to fluctuate in recent weeks, bitcoinhas been hovering around $42-43 thousand for the last few days. Reaching an all-time high of $69,000 on November 10, Bitcoin continues its decline that started that day. Cryptocurrency investors who slept tonight and woke up in the morning probably experienced a short-term shock.

Bitcoin, which rose to the level of 43 thousand 300 dollars by showing a rapid rise yesterday, could not continue this rise in the following hours. With the selling pressure from the markets, Bitcoin dropped to 41 thousand 300 with a sudden decrease at 00.00 at night. The fall, after this time continued rapidly throughout the night.

It saw the levels of 38 thousand 200 dollars:

At around 6 am, Bitcoin fell to the lowest level it has seen recently. Bitcoin, which fell to 39 thousand 650 on January 1, fell below this level. The cryptocurrency has slumped today to $38,000, which it last saw in August 2021. Bitcoin is currently the lowest 38 thousand 220 dollars level he saw. The rate of decline in the last 24 hours was 8%.

This decline of Bitcoin, of course, was on the agenda on social media. Some of the social media posts were as follows:

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