• About
  • Team
  • Advertise
  • Terms
  • Privacy Policy
  • Contact
INCPak
  • World
  • National
    • Islamabad
    • Azad Kashmir
    • Balochistan
    • Khyber Pakhtunkhwa
    • Gilgit Baltistan
    • Sindh
    • Punjab
    • FATA
  • Automotive
  • Tech
    • Tech News
    • Custom Roms
    • Tips & Tricks
    • INCPak Roms
    • Reviews
    • Phone Reviews
    • Stock ROMs
    • What’s new?
    • Computer Stuff
  • Business
  • Education
  • Entertainment
  • Information
  • Fashion
  • More
    • Fun Time
      • Kids Corner
      • Poems
      • Stories
    • Health
    • Editorial
    • Travel
    • Beauty
    • Food
    • Music
    • Movies
    • Sports
    • Documentaries
    • Personalities
    • History
    • Economy
    • Emergency Numbers
No Result
View All Result
  • World
  • National
    • Islamabad
    • Azad Kashmir
    • Balochistan
    • Khyber Pakhtunkhwa
    • Gilgit Baltistan
    • Sindh
    • Punjab
    • FATA
  • Automotive
  • Tech
    • Tech News
    • Custom Roms
    • Tips & Tricks
    • INCPak Roms
    • Reviews
    • Phone Reviews
    • Stock ROMs
    • What’s new?
    • Computer Stuff
  • Business
  • Education
  • Entertainment
  • Information
  • Fashion
  • More
    • Fun Time
      • Kids Corner
      • Poems
      • Stories
    • Health
    • Editorial
    • Travel
    • Beauty
    • Food
    • Music
    • Movies
    • Sports
    • Documentaries
    • Personalities
    • History
    • Economy
    • Emergency Numbers
No Result
View All Result
INCPak
No Result
View All Result

Bitcoin falls 15%, biggest drop since February

by Ali Gulrez
Apr 18, 2021
in Technology
0

Bitcoin has recorded one of its biggest drops since February with the new rate of the world’s biggest cryptocurrency now at $51,541.

Bitcoin, bitcoin falls, dogecoin, Ethereum
Bitcoin falls 15%, biggest drop since February.

This has brought the Bitcoin down more than $12,000 from its high of $64,895 on Wednesday.

There are many reasons being reported behind the decline in Bitcoin’s value, which already saw a minor hit on Friday after Turkey’s Central Bank banned the use of cryptocurrency and other digital assests for purchases.

However, Bloomberg reports that the fall in the value of Bitcoin may be attributed to speculation that the US Treasury may be taking action against money laundering that is being carried out using digital assests.

Separtely, the data website CoinMarketCap cited a blackout in Xinjiang region of China, where a lot of Bitcoin mining is carried out, for the major selloff.

Meanwhile, other cryptocurrencies also saw a drop in value over the weekend, including Ethereum, which is considered the second-biggest digital currency, fell more than 10 percent.

Dogecoin, which was created as a spoof after the famous doge meme also fell from its record high after trading at $0.44 to $0.31.

Read more: Tesla cars can now be bought with Bitcoin.

Follow us on Facebook / Twitter / Instagram for updates.

Tags: bitcoinbitcoin fallsdogecoinEthereumFeatured
ShareTweetSend

Related Posts

Apex Legends Mobile
Technology

Apex Legends Mobile is Shutting Down

Feb 1, 2023
SHOQ, PTCL SHOQ
Entertainment

​PTCL Launches OTT Platform, ‘SHOQ’ to Bring ​High-Quality Videos

Feb 1, 2023
GameKey Arena, PTCL, E-Sports Competition
Technology

​PTCL Brings GameKey Arena, The Biggest E-Sports Gaming Competition

Jan 26, 2023
PTA Receives Rs. 24.24 Billion from Jazz Against License Renewal Fee
Technology

PTA Receives Rs. 24.24 Billion from Jazz Against License Renewal Fee

Jan 24, 2023
Internet Outage across Pakistan after Power breakdown
Islamabad

Internet Outage across Pakistan after Power breakdown

Jan 24, 2023
YouTube TV Channels, YouTube TV, YouTube
Technology

YouTube Starts Testing Free Ad-Supported TV Channels

Jan 14, 2023
Twitter Usernames, Twitter
Technology

Twitter May Start Selling Usernames to Raise Revenue

Jan 12, 2023
YouTube Shorts, YouTube Shorts Ads, YouTube Shorts Monetization
Technology

YouTube Will Start Sharing Ad Revenue With Shorts Creators

Jan 11, 2023

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Latest News

  • Grade 17-22 Officers Get 150% Increase in Executive Allowance While Citizens Suffer
  • Fans Criticize Lahore Qalandars New Logo Being Taken From Stock Image
  • Hyundai Increases Car Prices in Pakistan
  • Apex Legends Mobile is Shutting Down
  • ​PTCL Launches OTT Platform, ‘SHOQ’ to Bring ​High-Quality Videos
  • PTA Clarifies Tax Deductions on Balance Recharge and Tariffs
  • Lahore Extends Business Hours for Restaurants and Hotels
  • USD to PKR – Dollar Rate in Pakistan Today – 1 February 2023
  • Gold Rate in Pakistan Today – 1 February 2023
  • LPG Price Raised by Rs 60 in Pakistan

INCPak Official logo

INCPak Official Logo
Independent News Coverage Pakistan (INCPAK) delivers the latest updated news on Current Affairs, Business, Sports, Entertainment, and Technology in Pakistan

Trending

  • Petrol Prices in Pakistan
  • USD to PKR Rates
  • MTMIS – Online Vehicle Verification
  • Ehsaas Program
  • Punjab Rozgar Scheme
  • Naya Pakistan Housing Program
  • Mera Pakistan Mera Ghar Loan
  • About
  • Team
  • Advertise
  • Terms
  • Privacy Policy
  • Contact

© 2023 Independent News Coverage Pakistan - Site is Powered by INCPak Team INCPak Team.

No Result
View All Result
  • World
  • National
    • Islamabad
    • Azad Kashmir
    • Balochistan
    • Khyber Pakhtunkhwa
    • Gilgit Baltistan
    • Sindh
    • Punjab
    • FATA
  • Automotive
  • Tech
    • Tech News
    • Custom Roms
    • Tips & Tricks
    • INCPak Roms
    • Reviews
    • Phone Reviews
    • Stock ROMs
    • What’s new?
    • Computer Stuff
  • Business
  • Education
  • Entertainment
  • Information
  • Fashion
  • More
    • Fun Time
      • Kids Corner
      • Poems
      • Stories
    • Health
    • Editorial
    • Travel
    • Beauty
    • Food
    • Music
    • Movies
    • Sports
    • Documentaries
    • Personalities
    • History
    • Economy
    • Emergency Numbers

© 2023 Independent News Coverage Pakistan - Site is Powered by INCPak Team INCPak Team.