On Tuesday, the cryptocurrency market saw a massacre due to falling global markets and investors’ reduced risk appetite. Bitcoin has surpassed the $30,000 milestone in the previous 24 hours, following a 13% drop. Since July 2021, this is the lowest level of the largest digital token. It fell to a low of $29,944.80 during the day.
Bitcoin has dropped nearly 25% in the previous six days, according to Coinmarketcap statistics. The crypto giant has lost almost 60% of its value since its peak.
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https://economictimes.indiatimes.com/markets/cryptocurrency/bitcoin-breaches-30000-mark-down-25-in-just-6-days/articleshow/91459981.cms?utm source=contentofinterest&utm medium=text&utm campaign=cppst