Bitcoin has fallen sharply in price

10:48 - 21.01.2022


January 21, Fineko/abc.az. The price of bitcoin has dropped significantly.

ABC.AZ reports that the cause of the decline was the loss of the value of shares of technology companies.

At that, the decline is linked with decrease in risk appetite in the markets and reduction in technology stocks.

After the fall of the exchange rate, bitcoin fell from the level of $43,000 to the level of $38,000.

Last time, bitcoin was traded at $38,840, having fallen in price by more than 7%.

 

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