Cryptocurrency market plummets, Bitcoin once approached the $18,000 mark – Hong Kong unwire.hk


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Recently, the cryptocurrency market is experiencing a sharp plunge that is rare in recent years. Bitcoin has fallen by 35% in the last week, and it has also fallen sharply along with other smaller cryptocurrencies. Bitcoin price fell as low as $18,085.06 today , and after falling below the $20,000 mark, it is further approaching the $18,000 mark. The total global market capitalization of cryptocurrencies fell below $850 billion as the prices of Bitcoin and other major cryptocurrencies plummeted. Ethereum was not immune, falling by about half in a month. According to the analysis, investors are not optimistic about macroeconomic...