The Price of Bitcoin slipped below $30000 Early Tuesday.

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Digital Assets Continued to face pressure from a wider Market rout.

Bitcoin price were down 6% over the past 24 hour around 31500 having dropped under $29800 in rough of tuesday trading.

Last time Bitcoin was below the key $30000 level was during a sell off in July 2021.

Bitcoin price has fallen 54% from its record high as $67802 in  November.

Ethereum is the second largest criptocurrencies fell monday to $2286.10 almost 10% down.

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Bitcoin and criptocurrencies more widely are known for their violent price swings.

Investor tends to retreat to safer corner of the market during turbulent bouts.

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