The price of Bitcoin has dropped by half

 


Bitcoin, the world's largest and most well-known cryptocurrency, is having its worst time. Bitcoin fell 13 percent on Sunday. And through this the price has come down to almost half of the highest price of the year.

On April 14 this year, the value of Bitcoin was about 65 thousand dollars. On Sunday, it came down to 32,601, which is 899.54 less than the previous day.

Meanwhile, the price of ether coins related to the Ethereum blockchain network fell 17 percent to 905, down 391.31 from the previous close.

Prices are falling unexpectedly in the 24-hour Bitcoin market. Elon Musk, known as the chief executive of Tesla and a proponent of cryptocurrency, has come under a lot of pressure due to multiple tweets, including the closure of Bitcoin payment facility at Tesla. In addition, China has stopped trading through cryptocurrency mining.


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