Record drop for Bitcoin to reach $28,786



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Posted on: Saturday, May 14, 2022 – 6:53 PM | Last update: Saturday 14 May 2022 – 10:10 PM

The price of the cryptocurrency Bitcoin fell 3.3 percent to 28,786 dollars since five o’clock yesterday evening, Friday, according to data compiled by Bloomberg News Agency today.

Bitcoin prices fluctuated at an average rate of 4.7 percent, as they are traded between 28 thousand and 744 dollars and 30 thousand and 83 dollars.

It is now down 58 percent from its November 10 high of $68,992.

Bitcoin has lost 7% of its value in the past week and is down 38% so far this year.

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