Bitcoin, Ethereum, Solana and Cardano are rapidly falling in price

Bitcoin continues to get cheaper: over the past week, the main cryptocurrency has lost more than 15% of its value. On the night of April 12, its price fell below 40,000 for the first time since March 16 and rushed to $39,000.

Over the past day, bitcoin has fallen in price by about 6%. Experts attribute the fall in the exchange rate to the ongoing sale of bitcoins against the backdrop of an exit from risky assets before the tax season in the United States and an increase in rates by the Federal Reserve.

Bitcoin, Ethereum, Solana and Cardano are rapidly falling in price

The minimum rate was about $39,300, at the time of publication, one bitcoin gives about $39,600. The market capitalization of the cryptocurrency has dropped to $750 billion. The recent peak was recorded at the end of March, when the bitcoin exchange rate exceeded $48,000.

Ethereum also continues to get cheaper, at the moment they give less than $ 3,000 per coin, and the market capitalization of the cryptocurrency is $ 357 billion. Within a week, the rate fell by 15%.

Solana fell 25% in a week to $99, while Cardano fell 23%.

Source: ixbt

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