Bitcoin at a One-Month Low
Burc Oran
April 18, 2022
Bitcoin

The largest cryptocurrency, bitcoin, fell 4.2 percent to $38,580 today.

Bitcoin has been volatile in recent months in parallel with risky assets. This year, bitcoin is trading in the band of 35-45 thousand as the Fed started to increase interest rates due to high inflation. Bitcoin fell 4.2 percent to $38,580 today. Ether fell 4.7 percent to $2,902.

According to CoinGecko data, the value of the global cryptocurrency market fell by about 4 percent in 24 hours to 1.9 trillion.

Experts think that Bitcoin can fall to 30 thousand dollars.

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