Bitcoin exchange rate drops below $27,000 for the first time since December 2020

At the time of trading on Thursday, May 12, the currently bitcoin price has dropped to $26.7k, which is the minimum since December 29, 2020. About to witness Binance exchange data.

After the start of trading, Bitcoin was down 12% and was trading at $26.7k. As of 9:20 am Moscow time, the digital currency was trading at $27.1k, somewhat offsetting the decline.

By 12:18 Moscow time, he strengthened his bitcoin position a little further, bringing the rate to $27.48k.

In early May, Warren Buffett’s VP of Berkshire Hathaway, Charlie Munger, was at the company’s annual shareholder meeting. declarationBitcoin’s value is “very likely” to drop to zero. Magner believes bitcoin is undermining the US Federal Reserve, which America “desperately needs”.

Prior to that, news portal The Verge reported that the Central African Republic (CAR), one of the poorest countries in the world, has made bitcoin its official currency. CAR officials said the bitcoin entry law was passed unanimously by the local parliament. According to officials, the Central African Republic aims to improve the living conditions of its citizens, but experts doubt the correctness of this decision.



Source: Gazeta

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