Bitcoin Price Falls 54% From Its all time High

Bitcoin Prices Keep Plunging With No Sign of Stopping

The cryptocurrency market has continued its slide from last week, mirroring the fall of the broader stock market.

The world’s largest cryptocurrency, bitcoin, fell to $31,075.70 on Monday evening.

Bitcoin’s price has fallen 54% from its record high of $67,802 in November.

Ethereum, the second-largest cryptocurrency, fell Monday to $2,286.10, almost 10% below the price Sunday evening.

Bitcoin and cryptocurrencies more widely are known for their violent price swings.

Bitcoin price today

Expert Says, the stock market has been largely impacted by the war in Ukraine, surging inflation, and the Fed’s tightening monetary policy.

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