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Dramatic Bitcoin collapse: the rate fell from 57 to 45 thousand dollars. Bitcoin pulled other cryptocurrencies with it

Last night, the Bitcoin rate began to gradually decline from 57 thousand dollars. As of 4:00, Bitcoin was worth about $ 53,000, but then there was a dramatic crash to $ 45,000.

Over the course of the day, the drop was almost 18%, over the week the rate dropped by 15%. The market capitalization of the cryptocurrency has dropped to $ 879 billion, although not long ago it was $ 1.3 trillion.

Dramatic Bitcoin collapse: the rate fell from 57 to 45 thousand dollars.  Bitcoin pulled other cryptocurrencies with it

Another popular cryptocurrency, Ethereum, now costs about $ 3.7 thousand, while the cryptocurrency rate has decreased by 18% per day and by 10% per week. Ethereum has a market cap of $ 441 billion.

Bitcoin pulled other cryptocurrencies along with it. The Dogecoin cryptocurrency backed by Elon Musk has fallen in price by 26% in a day and by 25% in a week, the Shiba Inu rate has decreased by 20%.

We will remind, only yesterday the forecast was published that the bitcoin rate may increase to 100 thousand dollars in the near future.

Updated: Bitcoin has won back some positions and is trading around $ 47K.

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