Cryptocurrency bitcoin fell by 7% per day

Over the past 24 hours, the currency exchange rate has dropped by 7%. Experts suggest that this could be the worst drop in the BTC in more than two months. Bitcoin is currently trading at $ 21,910, down 6.95% from the previous day.

Compared to last week, the price of BTC fell by 8.51%. It should be added that the total value of the first cryptocurrency is now $ 416 billion. This means an outflow of $ 31 billion from its capitalization in the last 24 hours alone, as it was previously in the range of $ 447 billion.

on August 19, bitcoin hit a new low of $ 21,440, continuing the downward trend that began on August 15. Even earlier, on June 18, the price of bitcoin dropped to $ 17,622, showing a downward trend. However, in August, the price of BTC stopped at a peak of $ 25,211 and then began to fall again.

Last week, BTC grew by 6.8%, while ETH grew by 17%. The performance of the two largest crypto assets by market capitalization surpassed CEL, the native token of the bankrupt lending platform Celsius. At the same time, CEL rose from its seven-day low of $ 1.74 to a high of $ 4.63.