Bitcoin drops to $ 55,000, 20% less than the all-time record

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%.

Bitcoin drops to 55000 20 less than the all time

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)

.

Bitcoin drops to $ 55,000, 20% less than the all-time record

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%.

Bitcoin drops to 55000 20 less than the all time

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)

.

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