On July 19, the biggest decline of 10 months (2.07 percent) was recorded in the US stock market Dow Jones. Due to this, there was a sell-off in the stock markets and cryptocurrencies around the world. On Monday, 7 lakh crores of Cryptocurrency Investors were drowned.
Bitcoin fell 6.47 percent at 11 am.
Cryptocurrency Investors: Things are not going well for cryptocurrency investors at the moment. Once again bitcoin has come down to 30 thousand dollars. On Monday, $ 98 billion (about Rs 7 lakh crore) of cryptocurrency investors were sunk. At 11 o’clock in the morning, a decline of 6.47 percent is being seen in bitcoin. According to the CoinDesk website, bitcoin is currently at the level of $29693. The last 24-hour high is $31900 and the low is $29530. At current levels, it has given a return of 1.98 per cent so far this year.
For the first time since June 22, bitcoin has come under $ 30 thousand. At present, the second most valuable Ethereum is seeing a decline of more than 8 percent and it is at the level of $ 1747. XRP is down 9.7 percent and is at the level of $ 52.87. Experts in the cryptocurrency world say that the global stock market showed heavy selling pressure on Monday, due to which all cryptocurrencies have fallen.
The data of the Dow Jones Industrial Average came out on Monday. This is the weakest data since October 2020, due to which there was a strong sell-off in the stock market around the world. On July 19, there has been a huge decline of 2.09 percent.x The possibility of a third wave of corona has weakened the signs of economic recovery. Let us tell you that in mid-April, bitcoin had crossed the level of $ 65000. It has fallen by more than 50 per cent in the last three months.