Bitcoin, which has increased its value at an unstoppable speed since the beginning of December, has lost 18 percent in the last 24 hours, making its investors nervous. Moreover, all cryptocurrencies have depreciated with Bitcoin.
Bitcoin, the world’s most popular crypto currency, has seriously upset its investors in the last 24 hours. Bitcoin, which reached its highest value in its history with $ 41,921 in the last week, has declined to $ 33,113 by the time we wrote this news. Although Bitcoin has gained 1 percent value when the data of the last week is examined, it has lost 18 percent in the last 24 hours.
After the recent changes, the total market value of Bitcoin decreased to $ 637.7 billion. Despite this, Bitcoin continues to hold 67.79 percent of the entire cryptocurrency market. The highest market value of bitcoin in the last 24 hours was $ 38,217.
Almost all cryptocurrencies lost value in the last 24 hours
In fact, it is possible to say that there has been a general depreciation in the crypto money market in the last 24 hours. Because Ethereum, one of the most popular cryptocurrencies, has lost 20 percent, Tether 0.25 percent, XRP 25 percent, Litecoin 23 percent, Bitcoin Cash 22 percent in the last 24 hours.
It is difficult to comment on how long the downtrend in cryptocurrencies will continue or at what rate. However, if those who are unfamiliar with cryptocurrencies and invest in cryptocurrencies with the effect of the ongoing rise, withdraw their money due to the fall, the downward trend may continue to continue. We will continue to inform you if there are new developments on the subject.