New Delhi, Nov. 23 -- As bitcoin prices have declined substantially, those who were desperately waiting for a correction to happen now have a reason to smile. From its peak (around $1,25,000) achieved on 6 October, this crypto token has lost more than 30%.
Over $1.2 trillion has been lost in the market value of all cryptos in the past 6 weeks alone, reported Reuters, quoting market tracker CoinGecko.
Bitcoin trades at $86,174 on 23 November, which is 22% down in the past one month. Here we give a lowdown on the current downfall of cryptocurrencies and what could investors do given all this.
There are several reasons for steep drop in bitcoin prices. The main reason is the macro US data. December Federal Reserve meeting now seems to be ...
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