Major cryptocurrencies (virtual currencies) are falling all at once, with Bitcoin plunging nearly 5% even though the Nasdaq rose 0.5%.
On the 3rd at 7:00 am (Korean time), on CoinMarketCap, a global coin market relay site, Bitcoin recorded a record of $36,865, a 4.88% drop from 24 hours ago.
Bitcoin is trading between a high of $38,858 and a low of $36,832 on the day.
Recently, Bitcoin has been coupled (synchronized) with the Nasdaq, a technology stock gathering in the US stock market.
It is not yet clear why Bitcoin is plummeting.
In addition to Bitcoin, Ethereum, the second-largest market cap, is down 5.27% from 24 hours ago to $2,640. Binance Coin, the 4th largest by market cap, is down 4.83%, and Cardano, the 6th largest by market cap, is down 4.53%, respectively.
At the same time, on Upbit, a Korean trading site, Bitcoin is trading at 45,846,000 won, down 4.01% from 24 hours ago.
Ethereum is down 4.33%, Ada (Cardano) 3.64%, Solana 7.91%, and Ripple 3.74%, respectively.
