On Monday evening, the world’s biggest cryptocurrency, Bitcoin, declined by 0.51% to close at $35,609.16.
This is with the cryptocurrency failing to maintain a steady rise.
Experts say Bitcoin is a very strong choice for investors as global central banks remain in a debasement period for their currencies.
Last week, Bitcoin experienced some volatility as it moved from a low of $34,153 to a high of $39,476.
In the same vein, Bitcoin struggled to rise as US Treasury Secretary, Janet Yellen, kept the market from cheering El Salvador’s plans to adopt the leading cryptocurrency as legal tender over her comments on interest rate hike.
Ethereum however rose by 1.05% on Monday evening to close at $2,717.05.
