Bitcoin price dropped to the level of July 2021

Bitcoin price dropped to the level of July 2021

News Editor.
As the cryptocurrency market continues to fall, the value of Bitcoin on Saturday renewed its low from last July. At 1:12 p.m. Moscow time, the price for Bitcoin was $34,161,000, the level of last July.

According to CoinDesk, at the time of publication of this article, the value of the largest by capitalization cryptocurrency is $35.76 thousand – for the day it has fallen by more than 6.3%.

Relative to the historical high of $68,99 thousand set last November, the main digital currency has lost about 48%.
Ethereum, the second most capitalized cryptocurrency, dropped in price by 10.4%, and now its value is $2.49 thousand. Most other altcoins also continue to fall. The daily difference averages between 6% and 20%.

Earlier, the founder of Telegram Pavel Durov said that a possible ban on cryptocurrencies in Russia will lead to an outflow of IT professionals from the country.

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Written by Renat
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