Cryptocurrency bleeding.. Bitcoin drops 10% below $ 31 thousand

Cryptocurrencies continued their declines during trading today, Saturday, amid a collective decline of all major cryptocurrencies by more than 10%.

Bitcoin, the largest and most famous cryptocurrency in the world, fell by 10.35% to reach $ 30,736 thousand, losing about 52.6% from its highest level in the year at $ 64,895.22 reached on April 14.

Ether fell 9.98% to $1,750.39, while XRP was down 9.62% to $0.589.

Dogecoin fell 11.09% to $0.235, and the Shin Link coin fell 11.15% to $16.38.