Cryptocurrents lost nearly $ 150 billion in one day, bitcoin plummeted – HNonline.sk

The crypotomies weakened significantly on the night from Thursday to Friday. The price of bitcoin fell below $ 40,000 (35,280 euros) and reached its lowest in 5 months. The price of ether fell below $ 3,000.

According to CoinMarketCap, Bitcoin sold at a loss of 7.87 percent (within 24 hours) at $ 7,715.46 in the morning, before its price reached $ 38,261.

The price of ether fell to $ 2,809.51. The value of the entire cryptomen market has fallen by approximately $ 147 billion in 24 hours.

The weakening of cryptocurrencies followed Thursday’s decline on Wall Street. The Nasdaq Composite Technology Index has lost nearly 5 percent this week. The reason is the increase in US government bond yields, which is causing investors to get rid of risky assets.

Cryptocurrencies have been weakening since November, when their total market capitalization has fallen by about $ 1 trillion. Bitcoin has lost more than 40 percent since November, reaching a record $ 69,000.