Bitcoin continued on Monday after the largest American cryptocreter of Celsius Network suspended the withdrawal of funds, exchange, as well as transfers between accounts. It is reported by Reuters.
Celsius Network froze the withdrawal of funds and transfers, referring to “extreme market conditions”.
Against the background of the announcement of Celsius, the capitalization of cryptocurrencies fell below 1 trillion dollars for the first time since January 2021 – this influenced the fall in the cost of bitcoin by 12%.
After the announcement from Celsius Network, Bitcoin fell to an 18-month minimum of $ 23,300.
The second most popular cryptocurrency – Ethereum – fell 18% to $ 1,176, the lowest level from January 2021.
“Over the past few weeks, cryptocurrency markets have dramatically weakened, since the increase in interest rates and inflation has prompted investors to abandon risky assets in financial markets.
The markets continued on Monday sales after data on US inflation on Friday, which showed the largest price increase since 1981, ”the agency writes.
According to Coindesk, as of 18:36 in Kyiv, Bitcoin traded at $ 23,106, Ethereum – $ 1,225