Bitcoin and other encrypted currencies see that prices are decreased amid global market turmoil

After retaining relatively stability during global market turmoil last week, encrypted currencies joined the sale.

Bitcoin, the world The most popular encrypted currency Less than 75,000 dollars fell on Monday morning before seeing a simple recovery.

Bitcoin prices have not been low since then, after the victory of President Donald Trump’s election day last year, as it achieved a bull in encryption prices. Trump, whose tariff advertisements that led to huge shares sales, were a The main promoter From the encryption industry and Previously taking credit When Bitcoin price broke $ 100,000 in December. Bitcoin has been in a relatively fixed slide since Trump took office earlier this year.

Bitcoin supporters say a type of digital gold that can serve as a hedge against volatility. But Garik Hellman, an independent cryptocurrency analyst, said that the Bitcoin price slice shows that the thesis still has not been proven to be correct.

He said: “It is not only today.” “(Bitcoin) is trading like risky technology arrow.”

Other major digital assets witnessed more decreases in one day on Monday morning.

Ether, the second most distinctive code for encryption, was traded at about 1500 dollars on Monday morning. It has lost about half of its value since Ibn Trump, Eric Trump, Encourage his followers On social media to buy the ether in early February.

Mimi currency for President Trump, which is Just launch Before taking office and more than $ 70, less than $ 8 fell on Monday morning.

The stock prices for companies that focus on encryption also witnessed declines in early trading on Monday.