Bitcoin crashed sharply

Bitcoin price has dropped below $95,000 for the first time since May 6.

As BAKU.WS reports with reference to trading data, its value decreased by 7.5% on dozens of global exchanges.

On Binance, which is considered the largest exchange by cryptocurrency trading volume, bitcoin suddenly became cheaper in just one day. This happened at 17:07 Baku time. The currency fell by 7.46% and was valued at $95,328.64. During trading, its price fell below $95,000 for the first time since May 6.

According to CoinMarketCap data, bitcoin lost 7.5% of its value over 24 hours and averaged $95,277.92 at the end of trading on more than 20 exchanges.