Tech

Drastic decline in the value of Bitcoin

Drastic decline in the value of Bitcoin

The value of Bitcoin dropped over the weekend to $ 34,000 (27 27,630), according to the Coinbase cryptocurrency exchange.

The world's largest cryptocurrency has seen a 50% drop in value since its peak in November last year.

The decline in the value of digital assets comes as stock markets around the world also fell in recent days.

Bitcoin accounts for about a third of the cryptocurrency market with a total value of about $ 640 billion.

Ethereum, the world's second largest cryptocurrency, has also fallen in value, by more than 10% in the last week.

Tiranapost.al