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Bitcoin Forum / Re: Crypto Market (Bitcoin, Ethereum) and Elon musk
« on: June 23, 2021, 12:48:05 PM »
Bitcoin, the world's most popular cryptocurrency, fell 5.61 percent to 35,210. As a result, the price of Bitcoin has dropped to 2131.11. In April this year, its price reached a record high of 74,795.22. Besides, the price of ether, the currency of the Ethereum blockchain network, has also come down. It fell 2.54 percent to 2,293.27. Saturday's price was 59.64 percent lower than the previous day. The unrest started last month with Bitcoin. Following China's tough stance on cryptocurrency, several large cryptocurrency mining companies have ceased operations in China. As a result, the price of Bitcoin fell as the transaction was stopped. In just a few weeks, the price of Bitcoin has halved to one of the highest prices of the year. Earlier, Bitcoin was under pressure after several tweets from Tesla CEO and billionaire Elon Musk. Tesla moved out of that position in May after it was announced in February that the price of the Tesla car could be paid in Bitcoin. Everyone related to cryptocurrency is hoping that the price of Bitcoin will pump up again soon.