April 25, 2025
Blockchain

Bitcoin Hits Lowest Level in Last 1 Year!

  • May 11, 2022
  • 0

While markets around the world continued to decline, this decline was also strongly felt in the cryptocurrency market. Bitcoin, which broke the all-time record by seeing $69 thousand

While markets around the world continued to decline, this decline was also strongly felt in the cryptocurrency market. Bitcoin, which broke the all-time record by seeing $69 thousand in November 2021, then fell deeply. After this decline, which continued through the end of January 2022, Bitcoin experienced occasional gains, reaching its highest peak in 2022. $48,189 level he saw.

After this level, which was seen on March 28, Bitcoin has continued to fall to this day. While the decline, which started mainly with the effect of the war between Russia and Ukraine, continues today, Bitcoin today since June 2021 reached its lowest level.

Bitcoin bounced from the $29 thousand limit:

Bitcoin has fallen to the $29 thousand level in the past few minutes. Although it climbed above $31,000 in a short period of time with a sudden surge from this level, Bitcoin’s value is currently fluctuating in the range of $30-31 thousand.

Bitcoin is last below $29k In the week of June 21, 2021 was found.

The week started with a fall:

Bitcoin, which fell in parallel with all markets this week, with the US Federal Reserve (FED) decision to raise interest rates on Monday. It fell to the level of 33 thousand dollars.† Bitcoin dropped below $31 thousand in the following hours and slumped back to $30 thousand.

Source: Web Tekno

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