Bitcoin Price Tumbles Down on July 21

the bitcoin price came down after the sell-off in the global markets due to the rise of the COVID-19 infections.

Major cryptocurrencies have slid in the past 24 hours, with bitcoin trading below $30,000 for the first time.

The Global crypto market capitalisation is currently at $1.20 trillion, a decline of 2.58% in the past 24 hours.

Bitcoin the world’s Largest cryptocurrency fell as much as 5% to $29,300, it lowest since June 22. It was trading above $29,700. Bitcoin is now trading at $31,745.77

The downfall in bitcoin’s price came after a sell-off in global markets, sparked by a surge in COVID-19 infections. The Dow Jones Industrial Average fell 2.1 percent on July 19, its worst day since October 2020.

Ether down less than 1 percent, while Binance Coin is down 3 percent.

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