Bitcoin Value Drops By 50%
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May 9, 2022 ·
46s
The Coinbase cryptocurrency exchange says the value of Bitcoin continued to fall over the weekend as it dropped below $34,000. The world's largest cryptocurrency by market value has now fallen...
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The Coinbase cryptocurrency exchange says the value of Bitcoin continued to fall over the weekend as it dropped below $34,000.
The world's largest cryptocurrency by market value has now fallen by 50% since its peak in November last year.
Bitcoin accounts for about a third of the cryptocurrency market with a total value of $636bn.
Ethereum, the second-biggest cryptocurrency in the world, has also fallen in value, down by more than 10% in the last week.
show less
The world's largest cryptocurrency by market value has now fallen by 50% since its peak in November last year.
Bitcoin accounts for about a third of the cryptocurrency market with a total value of $636bn.
Ethereum, the second-biggest cryptocurrency in the world, has also fallen in value, down by more than 10% in the last week.
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