As is well known, cryptocurrencies are becoming more common by the day and are seen as the ‘currency’ of the future. While this is the case, it can be argued that the cryptocurrency markets have had a very bad period lately.

The leading cryptocurrency Bitcoin (BTC) has seen serious declines in recent weeks, and after a long time 18 thousand dollars levels had fallen. During this decline, which hit all cryptocurrencies, we shared a lot of news with you and included expert opinions on the subject. Now it has become apparent how the month of June, which was very bad for the markets, took a place in the history of Bitcoin.

Bitcoin had the worst month in its history

According to CNBC, Bitcoin has been around for the past month. up to 38% has suffered a loss of value and history your worst month abandoned. In addition, it is the second most popular cryptocurrency. A Huge 47% Drop in Ether (ETH) alarming investors. Bitcoin stood at around $31 thousand on the first day of June. Ether, on the other hand, was trading around $1,900 early last month.

This drop upset many investors and caused a lot of money to be lost. It should of course be noted that there are different opinions about this decrease. While some hopeful investors see this collapse as a buying opportunity, others say the market may deteriorate and we may not have bottomed out yet. Regardless of the outcome, investors are advised not to make such investments for amounts that they will regret and to exercise extreme caution.

As is well known, the collapse of Terra (LUNA) has affected the market in recent months. In addition, as we shared with you, it was mentioned that the experienced decline may be due to the Celsius company. In addition, it was argued that the decline may have been caused by reasons such as the US Federal Reserve’s rate hike and investors’ avoidance of risky assets.

Bitcoin (BTC), at the time of writing $19,188as Ether (ETH) $1,040 traded around.

(This content is not investment advice.)