©Reuters. Bitcoin plummets 7.2% and trades below $40,000
Update EC5045 with market data after the stock market closes
Madrid, Jan 21 (.).- The , the most traded cryptocurrency in the world, plummeted 7.2% this Friday and traded below 40,000 dollars, to a minimum since August, after learning that the Central Bank of Russia wants to ban both the trading and mining of cryptocurrencies.
Shortly after 6:45 p.m. in Spain, bitcoin was trading at $38,350 after falling 7.2%, reaching its lowest level since early August 2021.
Another of the great cryptocurrencies, he was also down strongly, 9.9%, to $2,775.
Experts explain that cryptocurrencies are affected by the possibility that the Central Bank of Russia prohibits both the sale and the mining of cryptocurrencies.
Also, this market is being influenced by the possibility that the US Federal Reserve (Fed) will tighten its monetary policy to combat inflation, which is leading many investors to dump shares of technology companies.
/jj
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
