There is a sharp decline in cryptocurrency, with the price of bitcoin, the leader of cryptocurrency, dropping by nearly 14%.
According to the cryptocurrency information site CoinDesk, as of 10:30 a.m. Western time on the 23rd, the price of bitcoin was $32,677.44, down 14.00% from 24 hours ago.
Compared to the close to $64,000 per coin in the middle of last month, which was about a month ago, it's been cut in half.
As a result, the market capitalization, which once exceeded $1 trillion, has also shrunk to $61.59 billion.
CNN reported that the price of bitcoin exceeded $38,000, but the drug did not last long after Elon Musk, Tesla CEO (CEO), posted a remark to the effect of ``supporting virtual currency'' early on the 22nd.
The price of Ethereum, the second largest after Bitcoin, also traded at $1,914.81, down 16.80% from 24 hours ago.
The market cap has decreased to $21.67 billion.
Dogecoin, which Musk is actively pushing, also fell 14.32% and the price fell to $0.2874, reducing the market cap to $37.34 billion.
The cryptocurrency market, which has been booming this year, is rapidly falling after Musk reversed its previous position on the 12th and issued a bomb declaration that Tesla will not accept Bitcoin as a payment method for vehicle purchases.