Bitcoin and other cryptocurrencies recovered on Wednesday a brutal loss of value with the world’s most popular cryptocurrency being withdrawn below $ 30,000.
It increased by 4% in the last 24 hours to be exchanged at 31,507 at the moment we are writing. Other smaller cryptocurrencies like ether and XRP also gained ground by 7% and 3% respectively.
Tuesday saw a massive sale of bitcoin cryptocurrencies falling below $ 30,000 for the first time since June 22.
It is still far from the record of 65 thousand dollars set in April before it was halved a month later.
If it does not climb above 32 thousand dollars, experts predict that bitcoin will fall to 24 thousand dollars. Measures taken around the world against cryptocurrencies have made their value take a downward trajectory.
Cryptocurrency mining operations have been massively blocked in China as the world’s largest stock exchange Binance is facing pressure from regulators in Britain, Italy and other parts of the world. / PCWorld Albanian