Bitcoin may tumbled below $30,000 in 2021steemCreated with Sketch.

in #steemit • 3 years ago (edited)

btc-tesla.png

Bitcoin tumbled below the US$40,000 mark on Wednesday to a three-and-a-half-month low and dragged down the prices of other digital coins after China imposed fresh curbs on transactions involving cryptocurrencies.

Bitcoin, the biggest and best-known cryptocurrency, had already been under pressure from a series of tweets from Tesla boss Elon Musk, but the news from China sent it as low as US$38,514, for a nine per cent fall.

The cryptocurrency has tumbled nearly 40 per cent from a record high of $64,895 hit on April 14. It is also heading for its first monthly decline since November 2018.

CNA.png

Source: globalnews.ca and CNA 24/7 breaking news

#bitcoin #ethereum #cryptocurrency #crypto #elonmusk #doge #china
3 years ago in #steemit by
$0.00
    1 vote
    Reply 0

    Coin Marketplace

    STEEM 0.16
    TRX 0.15
    JST 0.028
    BTC 54605.61
    ETH 2303.24
    USDT 1.00
    SBD 2.31