21/06/2024

Image Credit: Google

Cryptocurrency

Historical: Bitcoin slipped below $ 64,000

For the past weeks, Bitcoin (BTC) was witnessing a slow decline.

Image Credit: Google

But on Friday, this decline has intensified and its price has fallen by more than 3% in the last 24 hours.

Image Credit: Google

After which the price of BTC has come down to a five-week low of $63,700.

Image Credit: Google

Not only Bitcoin, ETH has fallen by 2.25% and SOL is about 3.8%.

Image Credit: Google

The sentiment index tells how people are generally feeling about Bitcoin.

Image Credit: Google

This index, showing a reading of -0.73 as of Friday, has been negative since May 23, 2024.

Image Credit: Google

On the other hand, data from Google Trends shows that there has been a steady decline in the search for “bitcoin” worldwide since March 2024.

Image Credit: Google

But former US President Donald Trump is in support of BTC and crypto.

Image Credit: Google

Along with this, current President Biden is also coming in support of crypto. This means there is a great hope for the price of BTC to increase in the future.

Image Credit: Google