This week was not a good one for all the top cryptocurrencies, currencies like bitcoin, Ethereum, and Dogecoin continued to plunge the entire week.
The unstable nature of the cryptocurrency is widely known, Despite this fact, this month was all about the bright side of the currency.
Apart from the popular currencies like bitcoin, ethereum, and Dogecoin, other currencies such as Cardano, LiteCoin, XRP, and Stellar were also 10 per cent down.
If we look at the weekly account of Bitcoin, This week the currency was unexpectedly volatile, the market value of the currency went from $39,000 to $31,000 levels, whereas on the weekend it was trading at $35,000 which is 4% lower.
Also, Countries like China and Turkey also banned cryptocurrency as payment this week and also strictly warned the investors in the country to stop the crypto trading.