The largest cryptocurrency, bitcoin, fell 4.2 percent to $38,580 today.
Bitcoin has been volatile in recent months in parallel with risky assets. This year, bitcoin is trading in the band of 35-45 thousand as the Fed started to increase interest rates due to high inflation. Bitcoin fell 4.2 percent to $38,580 today. Ether fell 4.7 percent to $2,902.
According to CoinGecko data, the value of the global cryptocurrency market fell by about 4 percent in 24 hours to 1.9 trillion.
Experts think that Bitcoin can fall to 30 thousand dollars.
