On Monday, April 17, bitcoin fell to $29,500. The cryptocurrency has been retreating since the beginning of Azit trades. Investors who bought BTC at prices above $30,000 started selling.
As a result, pressure on the asset intensified, and due to the lack of support, the coin began to fall in value, according to Bloomberg. Ether (ETH) is also losing value, but it is still holding above $2,000. Other altcoins are suffering moderate losses.
Only Dogecoin (DOGE) and Solana (SOL) are strengthening. They rose more than 4% to $0.0921 and $25.28.