Bitcoin lost a fifth of its value this Saturday (4) with a combination of macroeconomic concerns, Ômicron variant of the coronavirus and financial market aversion to the risks of cryptocurrency, indicates the international agency Reuters.
Bitcoin dropped 12% at 9:20 am to $47,495. Afterwards, it reached U$ 41,967, taking the day’s losses to 22%.
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Ethereun, the second most popular cryptocurrency behind Bitcoin, has plummeted by more than 10%.
The declines follow the week of volatility in financial markets, which reacted to a new threat of economic tightening due to Ômicron.
Bitcoin post plummets 22% and opens up market volatility with Ômicron first appeared in ISTOÉ MONEY.
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