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Bitcoin has plummeted again! As of 18:10 on January 24th, the price of Bitcoin has dropped below $34000 per coin, marking the first time since July last year. The past week has seen a drop of over 20%, and this year it has fallen by nearly 30%, almost halving from the historical high of $68928.9 in November 2021.Analysts point out that since the beginning of this year, the higher intensity of regulation by global regulatory agencies on cryptocurrency assets, including Bitcoin, as well as the strengthening expectations of the Federal Reserve's tightening monetary policy, and the widespread selling of US technology stocks, have been the main reasons for Bitcoin's sharp decline.Falling below $34000Coindesk

Highlights of the storyAfter recent rejections, Bitcoin prices are striving to maintain above the rising level, but bears continue to predict their existence.The price needs to reach $30000 at the earliest to maintain a healthy rebound before the end of the month

As of early Wednesday morning, the trading price of Bitcoin was approximately $28400, an increase of approximately 3.7% within 24 hours

Bitcoin rose above $30000 again, with a daily increase of nearly 6%. (Sina Finance)

Reading Innovation/Shenzhen Business Daily reporter Zhou LiangchengAs of 8:30 pm on April 26th, the price of Bitcoin was reported at $29895 per piece, an increase of $2477, or 9.03%, from the previous day, just one step away from the focal point of $30000

The largest cryptocurrency by market value rose to $30000 earlier in the day, causing short sellers to close their positions by over $70 million in the past 24 hours.Nearly $200 million in liquidationAccording to Coinglas' data, the cryptocurrency market has cleared $195 million in the past four hours, with over 77000 traders cleared

As concerns about the US banking industry resurfaced, Bitcoin surged 9% on Wednesday (April 26th) and broke through a key price of $30000, the first time in a week.According to CoinGecko data, the second largest cryptocurrency in the past 24 hours, Ethereum, has also climbed 7

Bitcoin once again broke through the support level of $30000 today. The value of BTC has also increased by 9% in the past 24 hours