Bitcoin’s daily decline was nearly 30%, and the current unit price fluctuated at $ 4,700

Bitcoin’s daily decline was nearly 30%, and the current unit price fluctuated at $ 4,700
Bitcoin plunged again.At around 7:10 on March 13th, Beijing time, BTC fell below $ 5,500 in the short-term, with a drop of more than 10% during the day.About 15 minutes later, BTC fell short of $ 5,100 in the short-term, and fell more than 18% in the day.At 7:30, BTC continued to fall, short-term fell below $ 4,700, and fell more than 22% within the day.At 7:48, BTC fell below $ 4,500, a drop of more than 27% during the day.After 8:00, the price rebounded to more than 5000 dollars.In the next five minutes, it fell back below $ 4800 again. As of 9:04, the price of BTC was $ 4700.In the end, currently, the top ten currencies in the market value of cryptocurrencies went up and down.The changes in the past 24 hours are as follows: BTC ($ 4,750, -40.11%), ETH (109.52 dollars, -43.76%), XRP (0.$ 1327, -36.27%), USDT (1 USD, +5.77%), Biosafety Clearing-House (153.$ 51, -42.87%), LTC (29.$ 75, -38.84%), BSV (101.$ 41, -46.94%), EOS (1.USD 84, -40.32%), BNB (9.$ 29, -43.95%), XTZ (1.$ 33, -47.2%).According to Reuters, the US and European stock markets plummeted, and assets sold from bitcoin to precious metals because investors were liquidating positions in their portfolios to raise cash.The sell-off is stimulated by various factors, from the uncertainty of the corona virus trajectory and its impact on the economy, to how the US travel ban on Europe will be hit and the replacement of oil demand.Chicago HighRidgeFutures metal trading director DavidMeger said that traders and investors are selling various asset classes, which is a mild panic move eager to cash out emotions.Sauna, Night Net Editor Zhang Shuxin Xu Chao proofreading Wei Zhuo