The ascension is over; bitcoin saw a very, very big drop

Popular crypto currency bitcoin continues to come up. This time, the sudden decline is on the agenda.

Bitcoin, The very large purchase that appeared to be made by Tesla last week (1.5 billion dollars) and the momentum created by the fund established by the Twitter CEO and Jay-Z 52 thousand dollars passed. The currency then broke another record, following Elon Musk’s statements and 58 thousand dollars had passed. Now there has been a huge drop and the currency For 50 thousand dollars backed up. The currency that has lost more than 10 percent in value in the last 24 hours, of course, “in the world of coin“It was not the only currency that lost value. for example Ethereum has lost more than 14 percent in the last 24 hours and is currently hovering around $ 1,609. The reasons behind this huge drop are not fully understood. Bill Gates recently made a warning about cryptocurrencies and said, “EIf you’re not as rich as Elon Musk, be carefulHe said. It is really necessary to be very, very careful in the crypto money market. By the way, let’s also mention this. Bitcoin has seen big drops like this before.

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What is bitcoin for those who don’t know?

Bitcoin Satoshi Nakamoto in 2008 (It is still unclear who it is) It is a kind of digital currency that is experimentally initiated by the company, is not affiliated with any central bank or official institution, but can be bought and sold in the currencies of the countries, and can be transferred to any third party service without the need for intermediary institutions.

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