Bitcoin continued its decline, falling below the $18,000 level.
Earlier in the day, the leading cryptocurrency broke below $20,000, an important psychological support zone. Continuing its decline during the day, Bitcoin also fell below $ 18,000.
The economic problems experienced in the world with the war between Russia and Ukraine also affected the crypto sector. The blood loss in the markets, which started with the collapse of Terra in May, continued to grow without slowing down. The fact that the Fed continued to increase interest rates continued the decline in the crypto sector.
Bitcoin is trading at $ 17,862 at the time of writing, according to Binance data.
