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Bitcoin suffers a sharp fall and clings to the level of $ 48,000 By EFE

by souhaib
December 4, 2021
in Forex
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© Reuters. Bitcoin plunges sharply and clings to $ 48,000 level

New York, Dec 4 (.) .- El, the best-known cryptocurrency, was clinging to the level of $ 48,000 this Saturday after suffering a sharp fall of close to 16% in 24 hours, following the massive sales of the stock markets.

At 2:00 p.m. GMT, the bitcoin was at $ 48,026 after falling below 46,000 during the American morning, far from the 56,000 it had when it began Friday’s day on Wall Street.

According to analysts, the recent movement of the virtual currency coincides with a greater rejection of risk assets generated by the identification of the omicron variant of the coronavirus, which has affected global markets this week.

Other cryptocurrencies have been dragged, such as the second most used virtual currency, which lost the threshold of 3,500 dollars and now goes back to 4,000; and other popular ones like Doge, or.

The value of bitcoin today is 30% lower than the all-time high of $ 69,000 it reached in early November.

Legal warning: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

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.

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