The world’s most popular cryptocurrency Bitcoin has depreciated by more than 5% in the last 24 hours. As a result, its price dropped to $ 30,000. Information about this is spread by CNBC.
The publication writes that according to CoinMarketCap, the depreciation of Bitcoin has lost a total of $ 89 billion to the cryptocurrency market. However, despite the depreciation, the price of Bitcoin has increased by at least 1.87% compared to the same period last year.
Recall that the price of Bitcoin in mid-April was equal to 65,000 USD, which was the highest value in the history of cryptocurrency. If we compare the April data with the current value of Bitcoin, it is almost 50% depreciated.