Bitcoin regains position after chaotic week
Since May 19, the cryptocurrency had lost a lot of value to the point of falling to $ 36,000 per unit
Since last week, the cryptocurrency bitcoin had been presenting strong falls in the market to the point of placing itself at $ 30,000, half of its last peak.
It suffered a colossal decline on May 19, falling from a daily open of around $ 43,000 to a low of $ 30,000.
After reaching this point, the digital asset recovered and again reached $ 40,000 per unit, however there are still no signs of an uptrend again.
The popular digital currency has erased all the profits it made after the announcement by Tesla Inc., which said it would use corporate cash to buy bitcoins and accept it as a form of payment for its vehicles.
Cryptocurrencies tend to be highly volatile due to the degree of speculation that surrounds them and the absence of a valuation method for them, since the market does not have a real certainty of how much they are worth.
K. Tovar
Source: La República
