Time to shop? Bitcoin fell sharply to $27,000.
The bitcoin exchange rate began to fall rapidly. On the morning of May 12, the token cost about 26 thousand dollars ($1.7 million USD).
The last time the cryptocurrency was sold at a similar rate was in December 2020. At the time of this writing, the exchange rate is 26.9 thousand dollars ($1.75 million USD).
The decline is reportedly linked to the US inflation report. About 40% of bitcoin holders suffered losses.