The digital currency market in the last two days has seen the largest decline in about 7 weeks, with the currency “Bitcoin” falling by 15%.
According to a report published by the economic site Finanz, the decline began last Saturday and strengthened on Sunday, and the currency “Bitcoin” fell yesterday by 15% to 51.7 thousand dollars, and the world’s most famous currency lost nearly $ 140 billion of its market value.
Today, Monday, the currency “Bitcoin” was trading at 56.961 thousand dollars, an increase of 1.75%, while the currency will increase to 57 thousand dollars during today’s trading.
As for other digital currencies, the Ethereum cryptocurrency is down by more than 18%.
The drop came after FXHedge published a tweet, citing sources, that the U.S. Treasury Department was planning to fine several financial institutions for money laundering with digital currencies.