Prices in cryptocurrency market have fallen

16:47 - 7.06.2022


June 7, Fineko/abc.az. Rising bond yields have also lowered prices in the cryptocurrency market, reducing risks in global markets.

The price of bitcoin has fallen below $30,000 again.

ABC.AZ reports that bitcoin, the largest cryptocurrency, fell by 7.1% and tested $29,209.

This is the lowest level since 30 May. Ethereum fell by 7.3% to $1,725. Avalanche fell by about 9.3%.

Analysts say that if there is no "catalyst" up, it is likely that the current atmosphere will persist.