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BTC fall below 30,000 USD by zartisht

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· @zartisht · (edited)
$5.28
BTC fall below 30,000 USD
BTC unable to strengthen its position despite achieving all time high worth of 64,800 USD on 14th April 2021. king of the coin is no where near its top worth and today it recorded worth of 29,600 USD.  

![ezgif.comwebptopng1.png](https://i.imgur.com/ekBUYG1.png)
[image credit](https://pixabay.com/photos/bitcoin-number-metallic-metal-3090250/)

The situation is not good for the coin as stringent crack down launched against world top crypto assets by Chinese and Malaysian government. Hundreds of mining farms either closed or destroyed put immense pressure. 

One bad thing is that BTC not only decrease itself but also drags other altcoins. This situation easily creates FUD in investor mind and it will drop price further.
 
Massive dip of BTC is not a new scenario for investors. It is important to avoid FUD in market and hold assets. BTC still has capital of 577 Billion ISD in 1200 Billion USD crypto market. This reveals the people trust over one of the most volatile asset of the world. Such remarkable number gives hope to invest more on this amazing coin and help coin to gain more worth. 

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@zartisht/btc-fall-below-30-000-usd)
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