Today is aspiring to go down in history as the worst day in cryptocurrency history. After the results of US tech companies came out and shareholders began to talk a lot about how they are tired of waiting to see what AI can actually do and how it will make them money, what many people have feared for months or years is becoming a reality . Stocks are falling around the world on fears of a recession, which seems to be becoming more and more real in the US. However, not only the stock exchanges themselves react to this, but also cryptocurrencies, and the most famous of them has lost more than 20% of its value in the last five days. Bitcoin was still traded on 1.8. 2024 for the amount of almost €60 for 000 BTC, now less than five days later, 1 BTC is sold for €1, i.e. almost CZK 46 less.
At the end of April, Bitcoin reached the mark of 1,6 million crowns. When it was supported Donald Trump, it seemed that nothing would stop it. However, since the beginning of this month, Bitcoin has only been losing money and while a week ago Bitcoin was selling for 1 CZK, today, 629 days later, it is "only" 311 CZK, i.e. almost half a million CZK less. However, if you bought Bitcoin at the very beginning of this year, you are still in the black, by about 7 CZK. However, other cryptocurrencies are also weakening, such as Ethereum, which was selling for 1 CZK a week ago and now for 150 CZK. If you are a so-called holder, then the current events may not bother you.chat cool, but if you make frequent trades, now is not the best time to sell Bitcoin, but on the contrary, it can be an interesting time to buy it.
