Bitcoin, the most traded cryptocurrency in the world, lost 4.16% this Monday and broke down the level of 40 thousand dollars per unit, in response to growing expectations of increases in interest rates by the Federal Reserve of the United States.
The digital currency was located at 39,881.8 dollars, a level that implied a loss of 13.9% compared to the end of last year, according to data from the specialized portal Coindesk.
If maintained, this would be the ninth consecutive drop in the value of the currency, which would represent its worst streak since 2018. In addition, the currency was not below 40 thousand units since September of last year, reported Coindesk.
Most analysts and financial agents predict that the interest rates of the Federal Reserve of the United States will rise four times this year, which caused an increase in interest rates in that country, which pushed down the prices of cryptocurrencies and other assets with higher risk.
Bitcoin, the most traded cryptocurrency in the world, lost 4.16% this Monday and broke down the level of 40 thousand dollars per unit, in response to growing expectations of increases in interest rates by the Federal Reserve of the United States .
The digital currency was located at 39,881.8 dollars, a level that implied a loss of 13.9% compared to the end of last year, according to data from the specialized portal Coindesk.
If maintained, this would be the ninth consecutive drop in the value of the currency, which would represent its worst streak since 2018. In addition, the currency was not below 40 thousand units since September of last year, reported Coindesk.
Most analysts and financial agents predict that the interest rates of the Federal Reserve of the United States will rise four times this year, which caused an increase in interest rates in that country, which pushed down the prices of cryptocurrencies and other assets with higher risk.
Bitcoin, the most traded cryptocurrency in the world, lost 4.16% this Monday and broke down the level of 40 thousand dollars per unit, in response to growing expectations of increases in interest rates by the Federal Reserve of the United States.
The digital currency was located at 39,881.8 dollars, a level that implied a loss of 13.9% compared to the end of last year, according to data from the specialized portal Coindesk.
If maintained, this would be the ninth consecutive drop in the value of the currency, which would represent its worst streak since 2018. In addition, the currency was not below 40 thousand units since September of last year, reported Coindesk.
Most analysts and financial agents predict that the interest rates of the Federal Reserve of the United States will rise four times this year, which caused an increase in interest rates in that country, which pushed down the prices of cryptocurrencies and other assets with higher risk.
Bitcoin, the most traded cryptocurrency in the world, lost 4.16% this Monday and broke down the level of 40 thousand dollars per unit, in response to growing expectations of increases in interest rates by the Federal Reserve of the United States .
The digital currency was located at 39,881.8 dollars, a level that implied a loss of 13.9% compared to the end of last year, according to data from the specialized portal Coindesk.
If maintained, this would be the ninth consecutive drop in the value of the currency, which would represent its worst streak since 2018. In addition, the currency was not below 40 thousand units since September of last year, reported Coindesk.
Most analysts and financial agents predict that the interest rates of the Federal Reserve of the United States will rise four times this year, which caused an increase in interest rates in that country, which pushed down the prices of cryptocurrencies and other assets with higher risk.