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Bitcoin price drops below $33,000 — lowest in 10 months
Bitcoin, the world’s largest crypto by market cap, on Monday fell below $33,000 for the first time in 10 months.
The volatile asset had last recorded its lowest price in July 2021.
In January 2022, the digital currency fell as low as $38,000 from an all-time high of $68,990 recorded in November 2021.
According to CoinMarketCap cap, the Bitcoin price dropped by 5 per cent to $32,832 at 15:00 GMT +1.
The cryptocurrency continues to struggle back to its highest level since the beginning of this year.
Other coins such as Ethereum sold at $2,412, Dogecoin (DOGE) fell 6 per cent to $0.1176, while Shiba Inu (SHIB) dropped 11 per cent to $0.0000167.
Following the dip, the global cryptocurrency market cap fell to $1.58 trillion, with Bitcoin’s $627 billion accounting for just under 40% of that sum.
Bodex F. Hungbo, SPMIIM is a multiple award-winning Nigerian Digital Media Practitioner, Digital Strategist, PR consultant, Brand and Event Expert, Tv Presenter, Tier-A Blogger/Influencer, and a top cobbler in Nigeria.
She has widespread experiences across different professions and skills, which includes experiences in; Marketing, Media, Broadcasting, Brand and Event Management, Administration and Management with prior stints at MTN, NAPIMS-NNPC, GLOBAL FLEET OIL AND GAS, LTV, Silverbird and a host of others
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