Bitcoin fell another વધુ 4,000, falling below હજાર 30,000

A widespread downturn in the cryptocurrency market continued

Other cryptocurrencies slump amid China's tightening of 30 30,000 for the first time since January

MUMBAI: The global cryptocurrency market plunged sharply today and prices plummeted. Bitcoin prices plunged below 30 30,000 for the first time since January, sparking widespread panic among players. Bitcoin and ether prices fell 12 to 13 percent today. Dozecoin prices fell 27 to 28 percent.

Market analysts said the sell-off has intensified as the US signals an early interest rate hike and China tells its banks to stay away from cryptocurrencies. New buyers were adopting a wait-and-see policy due to falling prices, market sources added. Market caps also saw a sharp decline as prices fell.

Bitcoin prices hit a high of 33 33247 to 24 33248 today, then fell sharply to a low of હજાર 30,000, then broke the હજાર 29,000 level to લર 28,814 to 8 28,815, followed by 29 29,014 to 0 29,015.

For the first time since January, the price has dropped below હજાર 30,000. Prices hit a record high of 64 64,000 in mid-April this year. The prices of other small and large cryptocurrencies also plummeted today as market leader Bitcoin plummeted.

Meanwhile, today's trading volume in Bitcoin also fell to 43 43 to 44 44 billion and market capitalization fell from 6 615 to 20 620 billion to a low of દૂર 600 billion to 3 543 to 4 544 billion, analysts said.

Ether prices, meanwhile, traded higher at ભાવ 2023 to 24 2024 and then traded lower at 17 1717 to 18 1718. Dodgecoin prices were around 23 to 24 cents high and 16 to 17 cents low today.

Ether traded between 34 billion and 35 35 billion today, and its market cap fell from 22 225 billion to 0 230 billion to 200 199 billion to 200 200 billion. The market cap fell from 29 29 to 30 30 billion to જે 22 to 23 23 billion today, with Dojecoin trading at 16 164.65 million.