The cryptocurrency market is experiencing the biggest decline of recent times. Bitcoin fell below $ 50,000 for the first time in 2021. Bitcoin, which quickly recovered after the sharp decline in cryptocurrencies last weekend, welcomed April 23 with $ 48,957.04, the lowest figure in the last 5 months. Ethereum, on the other hand, fell sharply after its historical high, falling to the level of $ 2,163.25.
The cryptocurrency market has been going through active times lately. The sudden rise and fall of cryptocurrency, on the other hand, worries investors. While many experts draw attention to the fact that this fluctuating course of cryptocurrencies raises questions about trust, many experts also state that this situation is temporary. This decline in Bitcoin and Ethereum prices confuses many investors.
Starting the day at $ 51,587,4700, Bitcoin stood at $ 48,842.56 as of April 23, down 10.04%. Bitcoin reached its lowest level in the last month at $ 48,842,5600 and the highest closing level in the past month at $ 63,356,2000 on April 15. 1 Bitcoin corresponds to $ 48,842.56 and $ 403,007.00. Bitcoin fell 22.14% week on week in dollar terms.
Ethereum, which started the day at $ 2,396,5400, is at $ 2,163.25 as of April 23, down 11.57%. Ethereum hit a one-month low of $ 1,602,8300 on March 25 and a one-month high on April 15 at $ 2,499,0500. 1 Ethereum corresponds to $ 2,163.25 and $ 17,844.00. Ethereum fell 12.49% week on week in dollar terms.
Ripple, which started the day at $ 1.2390, was at $ 0.9782 as of April 23, down 25.71%. Ripple hit a one-month low at $ 0.5140 on March 25 and a one-month high at $ 1.8281 on April 13. 1 Ripple corresponds to $ 0.9782 and $ 7.9690. Ripple XRP fell 41.92% week on week in dollar terms.
Litecoin, which started the day at $ 255,9500, is at $ 218,9100 as of April 23, down 16.36%. Litecoin hit a one-month low at $ 174,3300 on March 25 and a one-month high on April 17 at $ 315,0100. 1 Litecoin corresponds to $ 218,9100 and $ 1,820,0396. Litecoin fell 21.06% week on week in dollar terms.
Dogecoin, which started the day at $ 0.2672, is at $ 0.1944 as of April 23, down 30.90%. Dogecoin hit a one-month low at $ 0.0515 on March 25 and a one-month high on April 19 at $ 0.3903. 1 Dogecoin corresponds to $ 0.1944 and $ 1.6000. Dogecoin rose 10.38% week on week in dollar terms.
SEE ALSO: What Is Crypto Arbitrage?Share this article