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Bitcoin’s price recovered to $56,000 after a record high → adjusted

The price of bitcoin, which had surpassed $61,000 on the 14th on the last 5 days in a row, has been on the decline, and has plunged close to 10%, breaking the $54,000 range.

As of 10:30 a.m. on the 16th (Korean time), Bitcoin is trading at the US cryptocurrency exchange CoinMarket Cap, which is down 9.58% from 24 hours ago, at around $53,900.

The reason for the sharp decline in the price of bitcoin, which was above $60,000 after showing the longest straight uptrend, is believed to have undergone a short-term adjustment due to the pouring of profit-taking sales. In addition, the fact that Reuters reported that the Indian government was considering a bill that would make the transaction and holding of cryptocurrency illegal was a factor that aggravated the decline.

On the 17th, the price of the cryptocurrency bitcoin returned to the $56,000 level again. The CoinMarketCap Exchange is trading at around $56,309 at 10:25 am.

At the same time, another cryptocurrency exchange FTX is trading at around $56,514.

Since the real-time transaction price of virtual currency is set for each exchange, the price of the same type of virtual currency varies from exchange to exchange.

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