Bitcoin falls below 37 thousand dollars
Bitcoin returned to its decline at the beginning of trading today, Saturday, to lose more than $ 700, returning to its lowest level of $ 37,000, coinciding with the Korean government’s announcement of its intention to impose taxes on cryptocurrencies, in addition to the Chinese and American efforts to ban them.
According to data from CoinMarketCap, which monitors the performance of digital currencies, Bitcoin fell $ 790 (at 07:30 GMT).
In early trading today, the price of Bitcoin fell by 1.8% to $ 36.2 thousand. Its total market value fell to the level of $ 677.4 billion at the beginning of today's trading, to lose about $ 22.6 billion, a decrease of about 3.2%.
In terms of other cryptocurrencies, and during today's trading, the “Ethereum” currency also fell by 2.9%, reaching the level of $ 2.48 thousand. The Cardano currency went down by 4.2%, to about $ 1.5.
The "Binance Coin" currency fell 1.9% to about $ 336.28. While the currency "Dog Coin" fell by 3.14% to about $ 0.31. The currency "Ribel" fell by 0.9% to about $ 0.896.
In today's morning trading, the total market value of digital currencies decreased to about $ 1.58 trillion, compared to $ 1.6 trillion, to lose about $ 120 billion, a decrease of about 7.05%.