Bitcoin, which has been going negative for a while, has faced a serious decline as of today. This decline, which negatively affected many cryptocurrencies, turned the balances in the stock market upside down. Experts continue to argue about how Bitcoin’s course could be. Here are the details
Bitcoin fell below $ 25 thousand!
Bitcoin, as of today, for the first time since March 25 thousand dollars fell below. After the FED’s June meeting, Bitcoin, which was affected by the drop in cryptocurrency prices, fell below the $25,000 level. 24 thousand 700 dollars coin that is at the levels; Altcoins such as Ether, Tether (USDT), Solana, Polygon and Cardano also caused the balance to deteriorate. For example, Tether (USDT) was indexed to the dollar before the decline. 99 cents decreased to levels. Exchanges quickly pressed the button on the subject.
This downward movement started after the FED completed its June meeting and decided not to change interest rates for the time being. Although stocks were expected to plummet immediately after the news, cryptocurrency prices fell sharply following the market close.
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Leading cryptocurrency exchanges announced that the button was pressed on the subject. Bitcoin after the release of emergency funds 25 thousand – 27 thousand dollars levels are expected. Experts state that it is not likely to exceed these levels, at least for the time being.
So, what do you think about this situation? How do you think the course of the crypto money world will be? You can share your views with us in the comments section.