Bitcoin Had The Worst New Year Start In Its History

Bitcoin had its worst start of the year, losing up to 16.8%. However, other cryptocurrencies continue to decline. In this period, when we just started 2022, those who entered the bitcoin market at the beginning of the year experienced a very high loss of value.

Today, even those who do not enter the bitcoin market are talking about cryptocurrencies. cryptocurrencies legal in many countries; even some countries official currency started using cryptocurrencies. Meanwhile, cryptocurrencies are a huge depreciation continues to live.

Bitcoin, which is shown as the currency of the future, continued to fall last week. up to 16.8% lost value. Other cryptocurrencies also suffered huge losses and Ethereum is 25% experienced a decline. in the history of bitcoin worst start of the year made. almost in November $68,000 Bitcoin, which has reached a record high, is now It’s under $36,000.

Bitcoin lost $8,000 in just 1 week

The price of Bitcoin also experienced a huge drop in the past week. Thursday night from $43,000 Friday approx. It fell as low as $38,500. This decline continued further on Saturday morning, and bitcoin hit $35,140. Currently, it is between 35-36 thousand dollars.

Anyone who enters the bitcoin market at the beginning of the year will see the value of their cryptocurrency within three weeks. more than 23 percent lost. If it continues its decline and crashes to the ground and sees $ 0, we are in our news about what will happen. from here you can reach

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We think this time Elon Musk does not have a hand in this business, but it seems that bitcoin will continue to fall. Maybe we should feel lucky as those who didn’t have the money to buy bitcoin at the beginning of the year. So what do you think about this decline of the bitcoin market? Let’s meet in the comments section.

Source :
https://www.independent.co.uk/tech/bitcoin-price-latest-crypto-today-crash-b1998462.html


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