Agencies-Gaza post
Bitcoin rises after severe losses
Bitcoin’s cryptocurrency raised on Tuesday after earlier dropping an 18-month low, with the freeze on the Celsius cryptocurrency lending web for withdrawals, transfers, and possible sharp gains in U.S. interest rates hitting this volatile asset class.
Bitcoin barely made its way into the approving domain, after landing last night by as much as 7.3% to $20,000 and $816, its quietest level since December 2020, trading around $22,470.
The world’s most extensive cryptocurrency, the most popular in the world, fell 15% on Monday in the largest one-day loss since March 2020, losing about half its value this year and more than 20% since Friday.
Since hitting a record high of $ 69 thousand last November, the composition of about 70% has declined.
Most cryptocurrency market monitors are pessimistic about the immediate possibilities of the “Bitcoin” currency.
A drop in the composition is likely to have repercussions for companies, which have a direction in the cryptocurrency market.
