Bitcoin Price Drops Below $30,000 For First Time In 10 Months
Posted: Wed May 18, 2022 4:51 am
Bitcoin Price Drops Below $30K in 10 Months, Leading Major Crypto far. This is considered theslot walletmost valuable amount to play slots. 10 to 15 free spins will bring you a lot of benefits. It takes a long time to get free spins compared to regular slot games. Also, you will receive less free spins. Not worth playing too much and you have to waste your time. Coins to Fall Entire Panel because investors flee from risky assets to safe assets After the US dollar strengthened Monetary policy of the Federal Reserve Bank of England, Australia tightened on the announcement of an interest rate hike.
On May 10, 2022, Bloomberg reported that the price of crypto coins world's largest Bitcoin dropped as low as below $30,000 per coin (approximately 7.25 a.m. PST).
It was the first drop below $30,000 for the first time since July 2021, nearly 10 months ago. After hitting a record high in November 2021, prices have risen more than 55% (at $69,000/USD) amid an increasingly risky investment climb.
Bitcoin prices fell as much as 3.1% to $29,992 in Asian trading. Ethellium, down 3.7%, Solana, down 8.2%, and Avalance, down 10.4% (as of 7.25 a.m. Thailand time).
Joz Lim, head of derivatives at Genesis Global Trading, a New York-based brokerage, said we were seeing a slow decline. This is partly because long-term coin holders are selling out. Rather than liquidation or liquidity sales, assets in some companies are now near cost levels, so the market is waiting to see if the shareholders of these companies will be forced to take action to hedge their risks. or not