Bitcoin drops to $ 55,000, 20% less than the all-time record
Bitcoin is down 20% from its previous record as a new strain of Covid-19 prompted traders to sell high-risk assets.
The largest digital currency in the world is once down 7.5% to 54,430.35. please USD in 11/26 Ethereum – the second largest digital currency – fell 9% while the Bloomberg Galaxy Crypto Index fell 4%.
The new strain from South Africa sparked a global sell-off in risk assets, with European stocks falling the most since September 2021 and Asian stocks falling as well.
Bitcoin has been under pressure since it hit a record nearly $ 69,000 thanks to the euphoria over the launch of the first Bitcoin futures ETF.
Vu Hao (according to Bloomberg)