Bitcoin Drops To 2022 Lows

While the decline in cryptocurrencies continued for days, Bitcoin saw the lowest level of 2022 today. Bitcoin's value recently dropped to $32,650. The picture was the same in the altcoin market.
 Bitcoin Drops To 2022 Lows
READING NOW Bitcoin Drops To 2022 Lows

While all kinds of markets all over the world continue to experience declines, this decline was also felt strongly in the crypto money market. Bitcoin, which broke the record of all time by seeing $ 69 thousand in November of 2021, then went into a deep decline. After this decline, which continued until the end of January 2022, Bitcoin also experienced occasional increases and reached the highest level of $ 48,189 in 2022.

After this level, which was seen on March 28, Bitcoin continued to follow a decline until today. While the decline, which started especially with the effect of the Russia-Ukraine war, continues today, Bitcoin saw the lowest level of 2022 and regressed to $ 32,650.

Bitcoin chart (15 minutes)

Bitcoin, which fell in parallel with all markets with the decision of the United States Federal Reserve (FED) to increase interest rates, yesterday. It fell to the level of 33 thousand dollars. Bitcoin fell below this level as the week just started and fell to $ 32,650. Bitcoin last hit a 2022 low of $32,917 on January 24. The last date to be under $33,000 before that was July 23, 2021.

The decline, of course, was also effective in the altcoin market. With the fall of Bitcoin, the value of ETH, the second cryptocurrency with the highest market value, also fell below $ 2,390. BNB dropped to $329, Ripple $0.53, Solana $71.6 and Cardano as low as $0.66. Popular cryptocurrencies Dogecoin dropped to $0.11, Polygon to $0.89 and ApeCoin to $10.84.

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