The leading cryptocurrency dropped from Friday’s $35,000 level and was trading just over $30,000 at the time of writing.
The leading cryptocurrency Bitcoin I(BTC) traded at $32,000 earlier today, but so far the price has lost almost 7 percent to the $30,000 region. bitcoin. yesterday, it was trading at around $35,000 per token.
The impact of China’s pressure on cryptocurrency miners and cryptocurrency traders continues, along with the impact of the low BTC hash rate, which has lost more than 50 percent from its ATH of 171 EH/s. ATH was reached on May 13, and by June 24, the BTC hash rate had dropped to 83.4 EH/s: the lowest level since the Bitcoin halving in May last year.
Yesterday, El Salvador announced that it would distribute $30 Bitcoin to its citizens. This figure fell to $ 25.50 with the fall of the BTC price.
12.1% Decrease in the Last 24 Hours
Bitcoin is down 12.1% in the last 24 hours, according to Coinecko data. The cryptocurrency has fallen by 3% in the last 1 hour.
Along with Bitcoin, there has been a decrease in many altcoins in the last 24 hours:
Ethereum dropped 12%, Binance Coin 10%, Cardano 10.7%, Dogecoin 11.7%, XRP 10.2%, ThorChain 21.4%, Kusama 18% and Solana 14%.
At the time of writing, Bitcoin was trading at $ 30,400.