Bitcoin Hits 16-Month Low: Drops Below $27,000

Bitcoin has fallen by 12.5% ​​in the last 24-hour period, falling below $27,000 for the first time since December 2020.

Bitcoin’s trading volume 50% increase in 24 hours to 80 billion dollars while bitcoin’s market cap is also falling, with the price falling. 500 billion dollars decreased to levels.

According to the list made by CoinMarketCap, the first with 10 rows cryptocurrencies latest 24 hour in the period 25% to drop of 35% lived. Ethereum regresses to $1800, while BNB is 220, Solana for $40 declined.

According to Coinglass data, at the time of writing, the last 24 hours The total value of the liquidated positions 1.26 billion became dollars. in total from 416 thousand It was reported that many crypto money investors were affected by this.

Total cryptocurrency market shrinking from $1.32 trillion to $1.12 trillion from the market about 200 billion dollars deleted, and the total cryptocurrency market cap fell below $1.13 trillion for the first time since February 2021.

In addition, while the stablecoin debate continues in the crypto money market, 80 billion dollars Tether (USDT), the largest stablecoin by value 3% decrease with 0.97 fell to the dollar level.

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