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Bitcoin moderates its recovery after losing 21% in the last five days

by souhaib
May 10, 2022
in Forex
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© Reuters Bitcoin moderates its recovery after losing 21% in the last five days

(Updates EC2152 with the data at the close of the stock markets in Europe)

Madrid, May 10 (.).- The , the best-known cryptocurrency in the market, moderates its recovery this Tuesday and rises 1.32%, after chaining five consecutive days down, in which it has lost 21.18% of its value.

According to Bloomberg data consulted by Efe, at the close of the markets in Europe, bitcoin advanced 1.32%, to $31,369.31.

On the previous day, the cryptocurrency plummeted 9.54%, to $30,959, and during this morning it fell below $30,000 and touched $29,764.1.

Bitcoin has not been below $30,000 since July 2021.

The cryptocurrency touched its intraday all-time high on November 10, 2021 at $68,991 and since then, six months ago today, it has lost almost 54.53% of its value in a context of tightening monetary policies of the different central banks to combat high inflation.

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