Bitcoin Price Falls – Details

The decline is also observed in relation to other cryptocurrencies, for example, ether has depreciated by 13% and stands at $1,900, while the prices of other major assets have decreased by 15% on average. According to analysts, instability in the artificial intelligence sector, the strengthening of the dollar, high inflation and changes in Nvidia's leadership following Jensen Huang's resignation have prompted investors to start cutting risky positions, primarily in bitcoin.