Crypto Investors Lost $748 Billion In The Past Seven Days

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the-photo-shows-physical-imitations-of-cryptocurrency-in-news-photo

The price of cryptocurrency has been falling continuously from the last few days due to the market sentiment and also due to the various types of negative news. Other cryptocurrencies which include Bitcoin, Ethereum, Dogecoin are also running down. The largest and most popular Cryptocurrencies of the World, Bitcoin’s rate has also gone below $34,000 in the major exchanges which also includes Binance.

 The rate of bitcoin has declined by 47%. Later on there was some improvement, and it was trading around 35 thousand dollars with the rate of fall of 7.17%. The price of the bitcoin has reached upto $64,895.22 on 14 April and has fallen by 47.4% since then. The impact of the declination in the rate of bitcoin has been seen on other cryptocurrencies also.  In the last 24 hours, the price of the Ether  which the second world’s largest cryptocurrency has fallen to about 11.40%, it was trading to about $2150. In the last one week the market has dropped by 33%. The market value of the 7,459 cryptocurrencies has been called up to 33% due to the decline in the cryptocurrencies.

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