Wednesday, June 29, 2022
BusinessBitcoin Crash Trading Below $22,400 Cryptocurrency in Fall, Investors in Fear

Bitcoin Crash Trading Below $22,400 Cryptocurrency in Fall, Investors in Fear

Bitcoin Crash The cryptocurrency market has plummeted. The crypto market on Monday took investors to the pinnacle of fear.

There has been a sharp decline in the cryptocurrency market. The crypto market on Monday took investors to the pinnacle of fear. The price of a bitcoin has dropped to about $ 25,600, the lowest level in 18 months.

Globally, especially in the United States, the world’s largest cryptocurrency fell another 7 percent on fears of a catastrophic reaction due to a sharp rise in inflation.

In November 2021 Bitcoin (BTC) reached an all-time high of $ 68,000. It has since fallen by more than 60 percent.

According to analysts, at this rate Bitcoin could reach $ 14,000 this year.

In a Twitter threat, Venturefounder, a contributor to the on-chain analytics platform Cryptocund, predicts 2022 will be the fall year for Bitcoin.

“In the next 670 days, PTC will see a complete decline in the next 6 months. It will reach the bottom of the cycle ($ 14-21k) and then reach about $ 28-40k for most of 2023, and will be $ 40k again in the next half,” one tweet said.

The potential lower limit would be $ 14,000. This represents an 80 percent drop from the current $ 68,000 ceiling. Ether, the second largest cryptocurrency, fell sharply.

Ethereum prices were hit hard over the weekend. The second largest digital currency went below its 2018 limit. Glassnote, an on-chain analytics provider, announced that the Ethereum market is down below the ETH Realist price of $ 1,781.


Read Also | $800 billion fall in crypto market, Ethereum founder said – ‘Investors need to pay more attention’


On Monday, the cryptocurrency fell to $ 1,355. The result was a loss of more than 40 percent. The sharp fall in cryptocurrency has caused great anxiety and fear among investors.

Covid India Active Cases

India
114,294
Total active cases
Updated on June 28, 2022 11:56 pm

DMCA.com Protection Status

Related Stories

Trending Stories

Afghanistan Earthquake 1150 people Killed In Damages of CCTV Video Footage Leaked Online?

Kabul: The epicenter was reported 44 km south of the southeastern Afghan city of Khost. The quake measured 6.1 on the Richter scale. The...

OnePlus Nord 2T smartphone teaser launch, Price, Features, Offers, Buy Online

OnePlus company is ready to launch its latest smartphone OnePlus Nord 2T 5G in India. Regarding the phone, the company has launched a teaser...

Robinhood is going to buy US crypto-exchange FTX? Shares jump 14% on news

Shares of American company Robinhood, which provides trading on zero-commission, jumped about 14 percent on Monday. The surge came after a Bloomberg report said...

PAN Card Name, Father Name, Spelling, DOB Correction Online in 10 Minutes

PAN Card is an essential document for all types of financial transactions in our country. PAN Card is required to get a loan, buy...

Suzuki Alto Lapin LC Micro Car Price On Road, Features, Seats, Booking, Interior, Colours

The Lapin LC gets a retro-inspired look with a flat clamshell bonnet, small grille with rounded edges, round projector headlights, a large air dam...

Recently Popular

Prophet Controversy illegal Guns found at Prayagraj Accused House

Bulldozers ran for the second consecutive day in Uttar Pradesh on Sunday in the case...

Zelensky seeks US President Biden’s help at NATO summit

As Russia continues its offensive against Ukraine, the NATO summit was held yesterday, attended by...

CUET Registration 2022 How to Apply? Important Documents

CUET Registration 2022: The registration process of Common University Entrance Test (CUET 2022) has been...

Vodafone Idea VI announced Rs.111, Rs.107 plan offers 31 days validity

Vi (Vodafone Idea) has announced two prepaid validity recharge plans for users in India. Plans cost...

BJP offers deputy CM to Shiv Sena rebel Eknath Shinde, many important ministerial posts for fellow MLAs too

Maharashtra Politics: Bharatiya Janata Party (BJP) has offered rebel Shiv Sena leader Eknath Shinde the...

President Election 2022: Opposition’s presidential candidate Yashwant Sinha filed nomination, many big leaders including Rahul, Akhilesh were present

Yashwant Sinha, the candidate for the presidential election 2022 of the opposition, has filed his...

Recommended Stories

Trending Now