The biggest drop of digital currencies in 6 months, and "Bitcoin" under 35 thousand dollars
The digital currency market recorded its strongest decline in the past six months, affected by a number of political and economic reasons that the global markets are witnessing, including news circulating about the liquidation of a large number of wallets investing in Bitcoin worth $700 million, and the intention of the US Federal Reserve to raise the interest rate to control High levels of inflation, along with a number of regulatory restrictions that countries in Europe and Asia intend to impose on mining and trading operations.
Bitcoin recorded its lowest price on Saturday, approaching $ 35,000, while Ethereum recorded $ 2.4 thousand.
The rest of the currencies listed on most platforms were not spared the wave of decline, as most of them fell by 15-30%.
Liquidity levels in the cryptocurrency market recorded a clear decline during today's trading.
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