With the hard withdrawal movement of Bitcoin, big sub-coins such as Etherium, Litecoin, Cardano, Polkadot, Stellar lost more than 20 percent in value.
Bitcoin and Ethereum fell around 10 percent on the market, while Litecoin and Ripple fell more than 15 percent. There has been a slight decline for Bitcoin overnight. This drop in Bitcoin caused a decline in other cryptocurrencies.
Bitcoin prices fell sharply due to the sharp decline in the hash rate, which expresses the estimated computational power miners spend on the Bitcoin network, and for reasons based on allegations that the United States was preparing for "money laundering accusations". Bitcoin prices are moving at the limit of 57 thousand in these minutes.
The sharp decline in the hash rate, which expresses the estimated computational power miners spend on the Bitcoin network, and the reasons based on the arguments that the United States is preparing for "money laundering accusations", Bitcoin, which fell sharply, turned from $ 52,000 to $ 59,000 at the weekend. The total market volume, which was reduced to $ 2.0 trillion with the sharp decline in Bitcoin, turned to $ 2.09 trillion. Bitcoin prices are moving at 56 thousand 920 dollars, decreasing by 8.07 percent as of 12.02 am on the first day of the new week.
According to analysts; This sharp drop in Bitcoin was due to a collapse in the "hash rate" and rumors that the US is about to accuse some of the "financial institutions" that have not disclosed the name of money laundering associated with cryptocurrencies.
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