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Bitcoin, Solana, Other Cryptocurrencies Fall Today after Govt Plans to Bring Crypto Bill

by BuzzYoo
November 24, 2021
in News
1 min read
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Bitcoin, Solana, Other Cryptocurrencies Fall Today after Govt Plans to Bring Crypto Bill

image: independent.co.uk

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Bitcoin price on Wednesday dropped to their lowest in a month. The most popular cryptocurrency declined to $55,460.96 on November 24. Multiple factors were at play behind this decline, analysts believed. End of year profit-booking, increasing selling pressure and Indian government’s decision to introduce ‘Cryptocurrency and Regulation of Official Digital Currency’ bill soon kept the cryptocurrency world under pressure.

The world’s largest cryptocurrency by market capitalisation fell 0.58 per cent to $56,607.05, according to CoinMarketCap at 0800 hours on November 24.

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