The market sold off after the collapse of Mt. Gox, the German government unloaded goods and high US interest rates pushed Bitcoin prices closer to $57,000.
Bitcoin (BTC) today fell to its lowest price since early May, extending its 24-hour loss to nearly 5%. Currently, each unit of this digital currency is around 57,000 USD. Other cryptocurrencies such as Ether, Binance Coin, Solana, XRP also decreased by 5% or more.
The market was in red when a series of sell-off orders were issued in rapid succession. The main reason is the result of the collapse of the Mt. Gox and the German Government's mass sale of Bitcoin.#btc #cryptotrade

The next milestone will be under $50,000 and reach $46,000. If you don't believe it, just wait and see.

#MyFirstFeedPost BTC will return to the resistance level of $50,000 🤔