And Bloomberg News Agency reported that Bitcoin fell in early trading today by 8.3%, reaching its lowest level since late July.
The world’s largest cryptocurrency recouped part of its losses later in the day, falling by 6% to $21,990 per unit in London trading.
The cryptocurrency Ether and other smaller currencies also recorded a sharp decline today. The Avalanche, Cardano and Solana currencies fell more than 10% in some trading periods.
Within one hour of today’s trading, approximately $220 million worth of cryptocurrencies were liquidated, which indicates a widespread exit from this market.
The share of Bitcoin was regarding half the value of this amount, according to data from the Coinglass platform, which is concerned with cryptocurrency.
