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Bitcoin Crashed in One and a Half Hours

Bitcoin Crashed in 1 and a Half Hours. Despite the recovery efforts, the leading cryptocurrency Bitcoin has again encountered a wave of sales

Yazar: Eylem Özer

Yayınlanma: 9 Haziran 2022 15:58

Güncellenme: 18 Kasım 2024 07:02

Bitcoin Crashed in One and a Half Hours

The leading cryptocurrency Bitcoin faced a hard selling wave around 3.00 TSI. BTC, which lost 5.3 percent in just one and a half hours, fell from $ 31 thousand 300 to $29 thousand 510.

Bitcoin Crashed in 1 and a Half Hours. Despite the recovery efforts, the leading cryptocurrency Bitcoin has again encountered a wave of sales, as it has repeatedly in recent weeks. Bitcoin, which reached $31 thousand 600 after yesterday's rise, fell below $30 thousand in the first hours of the day. Experts evaluated that the strengthening of the dollar caused sales in cryptocurrencies. On the other hand, while the 10-year bond yields in the USA increased from 2.96 percent to 3.04 percent, the dollar index increased by 0.5 percent in the last 2 days. June 8 Bitcoin Prices While the leading crypto Bitcoin was hovering around $31 thousand 300 around 3.00 TSI, it lost 5.3% value with the effect of the sales wave. Bitcoin market cap slumped to $530 billion, with a loss of $38 billion. At the time of writing the news, BTC continues its efforts to make up for its loss in the first hours of the day and is traded at $ 30,365.
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