Birmingham news How much is one Bitcoin worth after price plummets? PremierLeague-News.Com
PremierLeague-News.Com - The price of Bitcoin has gone down considerably but what is the price?
PremierLeague-News.Com - Breaking Sport Transfer News ! Bitcoin has seen a massively turbulent week for those who have invested in the currency. There have been multiple events in the past couple of weeks which led to the crash of many cryptocurrencies including Bitcoin. Firstly, Elon Musk and Tesla pulled Bitcoin as a way of paying for purchases due to its "insane" carbon footprint. However, more bad news came when China said it would be cracking down on cryptocurrencies. On Tuesday, three state-backed organisations, including the National Internet Finance Association of China, the China Banking Association and the Payment and Clearing Association of China issued a warning on social media. They said consumers would have no protection if they were to incur any losses from crypto-currency investment transactions.
News source = PremierLeague-News.Com
. But what is the current price of Bitcoin? Here's the up-to-date information on what we know:
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What is the price of one Bitcoin? At the time of writing (May 20), one Bitcoin is $39,651.20 or £27,961.63. This is considerably down compared to what it was a week ago with traders predicting it could reach $60,000. However, the number of events that have happened the past couple of weeks have seen it plummet.
Source = PremierLeague-News.Com