CNMO News: As soon as he entered the coin industry, it was as deep as the sea, which may be Musk's feelings after embracing Bitcoin.On June 19th, it was reported that Bitcoin briefly fell below the $18000 mark at around 5 a
CNMO News: As soon as he entered the coin industry, it was as deep as the sea, which may be Musk's feelings after embracing Bitcoin.
On June 19th, it was reported that Bitcoin briefly fell below the $18000 mark at around 5 a.m. on Sunday, reaching a low of $17601, a new low since December 2020. Over the past 7 days, Bitcoin has experienced a 33% decline. Looking back at November 2021, when Bitcoin reached its peak of $69000 per coin, it has depreciated by about 70% so far, entering a 'darkest hour'.
Bitcoin
Data also shows that the second largest cryptocurrency, Ethereum, has plummeted by 7.3% to $1000, its lowest level since January 2021. As of 23:00 on June 18th, a total of 77000 people in the digital currency sector have been exposed in the past 24 hours, with a total amount of 270 million US dollars.
Some analysts say that the reason for the huge shock in the currency market this time is simply that some investors are unable to withdraw funds from some cryptocurrency exchanges, exacerbating their concerns about the liquidity of virtual currencies.
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