as we know bitcoin is the top largest cryptocurrency in the world unfortunately on Sunday bitcoin investor see a sudden drop in the value of it. bitcoin jumped 15.1% to $51,707.51.drop in its value also made impact the ethererum(2nd largest currency) value and drops 18%
if we talk about the reason behind this then the most important reason is this is hypothesis created among people that the U.S government may be going to take action against money laundering and digital assets the main reason of growing bitcoin was all high company like Tesla Inc. taking interest in it they are investing on it but there was government concern they think its a fun currency based upon guesswork all other countries India turkey passing law for ban this currency in Pakistan it is already banned
on Sunday about 1,018,638 investors in the crypto market seen a sudden drop in the number of altcoins
