The famous encrypted digital currency, Bitcoin, stabilized during trading yesterday, Tuesday, near the level of $ 30 thousand per unit, in light of cautious trading due to fear of the repercussions of the collapse of the Terra USD currency.Sorry, the video player failed to load.(Error Code: 100013)

And the Bloomberg news agency reported that the world’s largest digital currency rose today by only 2.7 percent to 30,139 dollars per unit in afternoon trading in New York. Smaller cryptocurrencies from Ether to Avalanche have also made small gains.

It is noteworthy that Bitcoin has lost 21% of its value since the beginning of this month, its worst monthly decline in a year, in the wake of the chaos that hit the cryptocurrency market following the collapse of the digital currency known as Terra USD.

“Small buying volumes have given bitcoin a boost, but many individual and institutional traders are still suffering from the effects of the recent crashes,” Edward Moya, chief market analyst at OANDA, said in a note to clients.