Bitcoin price falls to almost $21,000

You are watching: Bitcoin price falls to almost $21,000

in innnewyorkcity.com

This morning, bitcoin’s price fell low to nearly $21,000, with a number of other cryptocurrencies also falling.

Experts predict that Bitcoin will fall even lower

According to statistical data of the last 24 hours, the transaction value of BTC ranges from $21,522 to $22,753. Other cryptocurrencies also crashed after bitcoin fell. Specifically, Ethereum up 2.17%, Binance Coin up 1.15%, Cardano up 1.09%, Solana up 1.5%, Polkadot up 1%… Cryptocurrencies are expected to be impacted by the next Federal Reserve (Fed) rate hike be. on July 27th.
Experts predict that Bitcoin will fall even lower
The US Federal Reserve’s two most recent rate hikes weighed on market sentiment. Bitcoin’s value is known to have evaporated by about 53% this year. Edward Moya, an analyst at consulting firm Americas Oanda (based in the US), commented that “if the price of bitcoin falls below the $20,000/dong threshold, the situation could deteriorate further.” Currently, crypto investors are worried and facing no longer optimistic in such a situation. Visit Innnewyorkcity VN.com every day for more new information!

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Source: INN NEW YORK CITY

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