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Bitcoin price is less than $20K

on 29 August 2022
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btc continues to lost price
btc continues to lost price

Bitcoin continues to fall down and at this moment it`s price is $19 829,6. What`s happening with a currency that everyone hoped for?

It`s happening again - BTC, the main cryptocurrency of the world, lost 1,5% in it`s price. In this case 1,5% is $298. But if we compare with March 28 when there was a maximum price ($48,234), it has lost 58,7%. It seems that someone lost it`s investitions.

Similar with other cryptocurrencies. For example, ETH (Ethereum) lost 2,76% and it`s price $1454.

One reason of this falling is weakening of three main indices (Dow Jones, S&P, NASDAQ). And specialists say that this this trend will continue throughout the week.

What to do? Buy BTC or not?

One of the main chinese btc holder shared his opinion: "I will wait while bitcoin price will be $16K and than I will start to buy". So it`s your choice how to use cryptocurrencies: as investition or just as paymethod...

 

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