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Bitcoin falling and losing $ 500 million due to weak demand levels

Bitcoin falling and losing $ 500 million due to weak demand levels

Decline in the currency of the digital currency Bitcoin immediate transactions on Friday to continue losses for the third day in a row because of weak levels of investment demand for digital assets during the current period, especially with the emergence of some negative news in the market, and the absence of incentives to enter any new liquidity.

On the Betstamb Stock Exchange, by 07:20 GMT, the Bitcoin currency traded around $ 6,359,000, down $ 35, or 0.55 percent. The opening price was $ 6,394,000, the highest at $ 6,412,000 and the lowest at $ 6,359. Dollars. On Thursday, name prices lost 0.7%, the second consecutive daily loss, with corrections and profit taking from a three-week high of $ 6,756 per unit Bitcoin .

Earlier this week, the world’s largest currency “Bitcoin” recorded the highest level in three weeks, following open sales in the digital currency Tether on the Bitfinex platform, before selling on other platforms.

The market value of digital currencies on Friday fell by about $ 500 million to a total of $ 207 billion, continuing to retreat from the $ 221 billion recorded earlier on Monday, the highest level since October 9.