The price of the cryptocurrency Bitcoin fell below $93,000 due to significant profit taking by investors.
According to data from analysis company Coinmarketcap, the value of the global cryptocurrency market, including Bitcoin, decreased by approximately 5.41 percent in 24 hours, falling to 3 trillion 200 billion dollars.
The price of Bitcoin, the largest cryptocurrency, dropped by more than 5 percent in the last 24 hours, falling below $93,000 as investors took profits.
The weekly value gain of Bitcoin, which was traded at 92 thousand 963 dollars as of 13.38 TSI, decreased to 1.30 percent.
The decline in the price of Bitcoin, which recorded its all-time high at $99,588 on November 22, exceeded 7 percent in 4 days. A friendlier regulatory environment under Donald Trump’s administration in recent weeks has contributed to the rise.
The price of Ethereum, which ranks 2nd in terms of market value, lost approximately 5 percent of its value and fell to 3 thousand 350 dollars.
Analysts stated that investors’ risk appetite decreased after US President-elect Donald Trump announced that he would impose import taxes on all goods coming from Mexico and Canada and additional customs duties on goods coming from China on his first day in office, and this situation was also reflected in the cryptocurrency markets. he stated.
