In the recent period when the global economy has been shaken, Bitcoin and cryptocurrencies are also getting their share from it. The price of Bitcoin, which pushed the levels of 45 thousand dollars last week, again fell below 40 thousand dollars.
Bitcoin price is falling
FED minutes not making a significant update had increased the bullish expectations for Bitcoin, but the tension between Russia and Ukraine negatively affects all world markets.
Moreover, official recognition of cryptocurrencies in both Russia and Ukraine The decline in Bitcoin at a time when it takes a step for the future also increases the anxiety. Daily and weekly closings below $40,000 can accelerate the decline.
Ethereum price regressed to $2800 in this period, while XRP price is 76 cents, AVAX price is $83, DOGE price is 13 cents, SHIB price is $0.000028 and HOT price is trying to hold on to $0.0049 levels.
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