The world’s most famous cryptocurrency Bitcoin continues to fall in price rapidly. At the time of this writing, the bitcoin rate has dropped below 43 thousand dollars, which is the lowest value in the last three months.
Bitcoin’s downfall began last week when Tesla CEO Elon Musk publicly changed his stance on cryptocurrency, stating that the company had stopped accepting Bitcoin as payment for its electric cars. The official reason is concerns about environmental impact.
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The Etherium price dropped to $ 3250, that is, to the level of a month ago. Other cryptocurrencies also fell in price, including BNB ($ 500), Dogecoin ($ 0.47), Bitcoin Cash ($ 1,000), and so on.
Nobody knows when the market will turn around, but now is a great time for crypto investors to invest in any currency.
(Source)
