Bitcoin fell more than 6% and fell to $26,000 | Finance | Economy

On Friday, August 18th, the digital currency Bitcoin lost $1,890. On Thursday, the asset actually collapsed From $28,400 to $26,000down more than 9%, a value not seen since mid-June.

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Experts point out that the reason for this fall is due to the concern of investors after US central bank officials said in the minutes of the July meeting of the Federal Reserve (Fed), which was published this week, that additional tightening may be necessary to reduce inflation.

“Most of the participants continued Seeing the risk of a significant rise in inflationwhich may require further tightening of monetary policycite the minutes published on Wednesday.

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However, others point out that the fall of Bitcoin has happened yet The Wall Street Journal Published that company Elon Musk SpaceX It reduced the value of its bitcoin holdings by $373 million last year and in 2021, and that’s Tesla.It took a similar approach with its Bitcoin holdings“.

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The collapse of Bitcoin affected other digital currencies, such as raisedwhich fell by 4.24% to $1,663.

EFE