DecentralandCrypto Price Today Live: Bitcoin falls below $22,500; Litecoin, Dogecoin tumble up to 8% – The Economic Times
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The dramatic drop in the price of Bitcoin has caused many investors to worry, as the digital asset has seen a significant drop from its all-time high of nearly $42,000. Other major digital assets, such as Litecoin and Dogecoin, have also seen a decline of up to 8%, which has caused concern for those who use these cryptocurrencies as a form of investment. Analysts are attributing the drop in price to a number of factors, including the recent sell-off of Bitcoin by institutional investors, as well as market uncertainty caused by the ongoing COVID-19 pandemic.
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Frequently asked questions
What is the current price of Bitcoin?
As of December 6th, 2020, Bitcoin is trading at a price of around $22,500.
How much has Litecoin fallen in value?
Litecoin has fallen up to 8% in value.
What other cryptocurrencies have experienced price drops?
Dogecoin has also experienced a price drop of up to 8%.
Where can I find the latest cryptocurrency market news?
You can find the latest cryptocurrency market news in The Economic Times.
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