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17/06/2022 18:34 (UTC)

CRYPTOCURRENCY MARKETS

Bitcoin recovers slightly on Friday, but falls 24% on the week

London (United Kingdom), June 17 (EFE), (Camera: Claudia Sacrest).- Bitcoin, the best-known cryptocurrency on the market, rose slightly this Friday after closing the stock markets in Europe by 0.06%, after ten consecutive days down and accumulated losses this week of 24%.

The experts explain that the collapse is due to the tightening of the monetary policies of the central banks, with the consequent fear of the markets of a recession; and the measures adopted by several companies in the sector in the face of fear of a "crypto winter" (a prolonged period of falling prices), which have generated distrust among users.

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