With the decline of its price, the market value of Bitcoin has shrunk to about 400 billion dollars, and even the cryptocurrency market has officially fallen below the 1 trillion dollar mark.
According to Wind's ranking of global asset performance, since 2022, Bitcoin has ranked second from the bottom with a decline of 53%.
/kloc-in the early morning of June 3, the price of bitcoin remained at the $28,000 mark, but then the waterfall mode was started. After falling below the $25,000 mark for the first time at noon, Bitcoin rebounded slightly and temporarily recovered lost ground.
However, in the case of the decline of the entire cryptocurrency market, Bitcoin failed to turn the tide, but approached the $20,000 mark all the way. As of press time, the price of Bitcoin remained at around $265,438+0,000, and fell by more than $7,000 in 24 hours.
Due to the sharp drop in the price of bitcoin, some listed institutions with heavy positions in bitcoin began to suffer large book losses, and the book losses of MicroStrategy, a listed company with an investment of more than 65,438+200,000 bitcoin, have exceeded 800 million dollars.
The bitcoin value of Tesla's positions has also shrunk to 906 million, falling by more than 200 million US dollars in 24 hours.
It is worth noting that the Central American country El Salvador has previously positioned Bitcoin as legal tender. According to public information, by May 2022, there will be 230/kloc-0 bitcoins in China, with an investment of more than 654.38 billion US dollars. However, the current value of these bitcoins is only about $48.32 million, and the book loss has exceeded 50%.
Before the press release, the price of Ethereum, the second largest cryptocurrency, also fell to 1 100 USD, with a 24-hour decline of 0.