Bitcoin rate collapsed again - cryptocurrency fell by $ 15,000 in a day

By: Maksim Panasovskiy | 05.12.2021, 16:15

The main digital currency in the world continues to fever. From December 3 to December 4, the Bitcoin rate fell by more than $ 15,000.

On the night of December 3-4, the digital currency market collapsed again. The value of Bitcoin fell by more than $ 15,000. At the time, the cryptocurrency was trading at a price of approximately $ 42,000.

Other assets also fell. For example, Ethereum - up to $ 3,500. Over time, the market recovered. Bitcoin is now worth just over $ 49,000.

El Salvador took advantage of the collapse, but not 100%. President Nayib Bukele announced the purchase of 150 Bitcoin. True, according to him, he slept for 7 minutes when the cryptocurrency cost $ 42,000. As a result, he had to buy coins at a price of $ 48,670.

A source: CoinDesk