Cryptocurrency business is a bit complicated but easy and enjoyable if the right person tells you about it. If the discussion on crypto trading sounds easy, please note that the person you are talking to is not telling you something. The risk in trading cryptocurrencies is even higher than that of regular businesses. However, the difference is that if you make good decisions, you can make huge amounts in a short time. After many major dives last week, the price of Bitcoin has continued to fall recently. At some point today, Bitcoin price fell below the $32,000 mark. Also, its market value has shrunk to $610 billion. This is millions of miles away from the peak of $1 trillion.
As at the time of writing, Bitcoin is selling for about $39,500, a daily drop of about 11%. From the trend chart, we can clearly see that since the beginning of this month, Bitcoin once hit about $60,000. However, within the last two weeks, this cryptocurrency has fallen by almost 50%.
Warning: Cryptocurrency investment is risky, and you need to be cautious when entering the market. Digital currency investment has greater risks and unpredictability, and this article does not constitute any form of investment encouragement and advice.