The market value has declined Cryptocurrencies It broke the trillion dollar barrier once more, supported by the decline of major currencies such as Bitcoin and Ether.
And the Bitcoin currency recorded a decline of more than 6%, this week, to trade below the 19 thousand dollar barrier and is approaching its lowest levels this year.
Central banks’ trends of higher interest rates and higher financing costs, in addition to the risks of a global recession, negatively affect the demand for high-risk assets such as cryptocurrencies.