Le prix du Bitcoin a atteint lundi son plus bas niveau depuis juillet de l'année dernière.
Au moment de mettre sous presse, le bitcoin se négocie à environ 32 650 $ sur Coinbase, avec une tendance aussi basse que 32 462 $, selon les données de TradingView. Bitcoin a atteint un creux de 32 504 $ sur Coinbase le 22 juillet 2021, selon les données du marché.
À plus grande échelle, le prix du bitcoin est maintenant en baisse de plus de 50 % par rapport aux sommets historiques observés en novembre 2021. Le bitcoin a atteint 69 000 $ sur Coinbase le 7 novembre.
Beyond bitcoin, crypto prices have fallen across the board since the beginning of May. Ethereum is down from $2,700 at the beginning of the month to $2,400 while SOL has fallen from $85 to $71, according to Coinbase data via TradingView.
Bitcoin suffered its most dramatic loss on Thursday as it fell as much as 7% during the day, in line with declines in broader financial markets. On the same day the Nasdaq Composite, an index of the top technology companies in the US, experienced its sharpest daily drop in almost two years as it fell 5% during the Thursday session.
The Nasdaq Composite is down about 2.8% during Monday’s trading session as of press time.
Broader markets have been rattled amid a tough macroeconomic environment.
Record levels of inflation across the globe have resulted in governments and regulators tightening monetary policy in order to combat rapid economic growth. Last week the US Federal Reserve announced its biggest rate increase in almost twenty years as it hiked rates fifty basis points in order to combat rising inflation – which is at a forty-year high in the U.S. Chairman Jerome Powell said on Wednesday: “Inflation is much too high and we understand the hardship it is causing. We’re moving expeditiously to bring it back down.”
These factors, coupled with macro issues like Russia’s invasion of Ukraine, have caused global markets to experience extreme volatility throughout the year.