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A profit-taking process that pushes cryptocurrencies to decline and Bitcoin below the levels of 40 thousand dollars
image 2 August، 2021
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Cryptocurrencies record declines with the beginning of the opening session of the markets today, Monday, the second of August (August), as Bitcoin loses more than 5% with the opening of the European session’s trading on Monday, amid a state of anxiety and tension over the American infrastructure bill that prompted investors to reap their profits and put pressure on me. Digital currency market.
Concerns in the cryptocurrency market are rising from the US Infrastructure Act, which is awaiting approval by the US legislature, as one of its provisions includes raising nearly $28 billion from cryptocurrency investors in the form of profit taxes in order to fund more than $1 trillion in infrastructure.
in the United States of America . The US Senate voted at the end of last week to approve a $1 trillion infrastructure bill to invest in roads, bridges, ports, high-speed internet and other infrastructure.
Bitcoin is trading at levels of $39.628 thousand, down by about 5.13% this morning, with a market value of $748.846 billion, after testing levels of $42.400 thousand at the end of last week.
Ethereum, the second largest digital currency by market value, is declining in turn by about 0.60%, trading at levels of 2.583 thousand dollars, with a market value of 303.248 billion dollars.
On the other hand, Cardano is down by about 3.12%, trading at levels of $1.33, and a market value of $42 billion, while Dogecoin is trading at $0.2067, down by about 3.15%, and a market value of about $27 billion.

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