The world’s most popular and largest cryptocurrency, Bitcoin, fell by 4.92 per cent to $44,744.
Bitcoin price has slumped on Friday.
Bitcoin price and other major cryptocurrencies fell on Friday amid fears of inflation and the European Union’s tough stance on crypto legislation, according to coindesk. While Bitcoin slumped to a two per cent drop to go down below $45,000, Ethereum dropped below $3,330-mark.
BITCOIN PRICE
The world’s most popular and largest cryptocurrency, Bitcoin, fell by 4.92 per cent to $44,744.
Ethereum, the second largest Cryptocurrency by market capitalisation, was down by 4.23 per cent to $3,253.
Other cryptocurrencies such as XRP fell by 4.39 per cent, Terra went down by 5.65 per cent, Cardano fell by 6.18 per cent, Avalanche fell by 5.34 per cent, Polkadot fell by 7.01 per cent, Stellar was down by 4.98 per cent.
Other popular alt coins, Dogecoin fell by 6.44 per cent, and Shiba Inu was down by 8.25 per cent.
ALSO READ | Sensex, Nifty kick off new financial year on muted note | Top shares