Another depreciation of the cryptocurrency is related to the news of the possible bankruptcy of the digital asset broker and lender Genesis.
The course of the world’s most popular cryptocurrency, Bitcoin, has set a new anti-record in the past two years. This is confirmed by data from the CoinDesk exchange on Tuesday, November 22.
As of 9:40 am ET, Bitcoin was down nearly 2% and was trading at $15,683. At the same time, the minimum price of the cryptocurrency in the last 24 hours was $15,480, and the maximum was $16,249.
The amount of capitalization of the Bitcoin market is at the level of 301 billion dollars.
Image: screenshot
Another drop in cryptocurrency prices was linked to news that digital asset broker and lender Genesis told investors it may be forced to declare bankruptcy. Genesis also publicly disclosed that it has a $175 million investment in now-bankrupt cryptocurrency exchange FTX.
Also, Western analysts predict a decrease in the value of Bitcoin to the level of 13 thousand dollars.
Earlier it became known that Elon Musk’s Tesla sold 75% of its bitcoins for $936 million. The founder of the company explained why he took such a step.
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Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.