Bitcoin Falls to 18-Month Low as US Inflation Gets Worse - BitcoinEthereumNews.com
Bitcoinबिटकॉइन 18 महीने के निचले स्तर पर गिर गया क्योंकि अमेरिकी मुद्रास्फीति खराब हो गई06 / 13 / 2022बिटकॉइन एथेरियम समाचार The current market situation is believed to be a repeat of the post-2016 halving event that saw Bitcoin hitting an all-time high of nearly $19,000 in December 2017, then falling from that height to $3000 within a space of two years. Bitcoin has experienced a massive pullback from the $69,000 all-time high since late last year. The asset recently broke a key support point to trade below $31,000 for the first time since mid-last year. Interestingly, the market could not respond to a rebound as the price dropped even further. In Asia trading Monday, Bitcoin recorded its lowest since December 2020 after falling by 8.9% to trade as low as $24,900. As of press time, the asset has recovered a little of its lost value to trade at $25,300. The mass sell-off has affected altcoins with Ethereum falling by 8% in the last 24 hours to trade at $1333. Solana is trading at $28 and has fallen by 12% in the last 24 hours. Tron has also fallen by 16% to trade at $0.06. The MVIS CryptoCompare Digital Assets 100 Index has