The value of the cryptocurrency Bitcoin plunged again since yesterday and when the article was written was floating at around RM95,000 for 1 Bitcoin. This sudden drop erased the increase in the value of Bitcoin since the beginning of this month which reached a value of RM108,720 last August 13.
The reason why the value of Bitcoin fell this time is still unclear. But so far the value has slowly increased again after falling to RM93,920 early this morning. As usual the fall of Bitcoin also caused other cryptocurrencies such as Cardano, and Solana to also fall.
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BUSINESS & MONEY