Bitcoin cryptocurrency continues to fall in price: the bitcoin rate dropped below 40 thousand dollars. Although a couple of days ago it cost about 43 thousand dollars. Over the past day, Bitcoin has fallen in price by 12.5%, over the week, the drop was 31%.
Bitcoin’s share of the cryptocurrency market has dropped below 40% for the first time since June 2018, according to CoinMarketCap data. At the time of publication of this note, the cryptocurrency rate is $ 39,614 and continues to fall in price.
Bitcoin’s downfall began last week when Tesla CEO Elon Musk publicly changed his stance on crypto, stating that the company had stopped accepting Bitcoin as payment for its electric cars. The official reason is concerns about its environmental impact.
Together with the main cryptocurrency of the world, other currencies continue to fall in price. Ethereum dropped to $ 2,950, also dropping 31% over the past 7 days. Dogecoin dropped 18% over the week to $ 0.4, Bitcoin Cash plunged nearly 40% to $ 943.
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