On May 10, the latest data showed that bitcoin fell to the $30,000 mark, falling to $30,077.5 (about 202,000 yuan), the lowest record in nearly 10 months. According to CNN, the market value of Bitcoin today has plummeted by more than 50% compared to the all-time high of nearly $69,000 (about 464,000 yuan) set in November 2021.
At the same time, other virtual currencies have also been hit hard, including Ethereum, Binance, solana and cardano, which have all fallen by about 15% in the past week, and even Musk's bullish Internet red Dogecoin has also fallen by 10%. In July last year, Bitcoin also fell below the $30,000 mark, and the unit price at that time was even lower than the current 30077.5, but it did not take long to start rising again.
Cryptocurrencies themselves are extremely unstable, and experiencing ups and downs is common. With the introduction of policies for virtual currencies in many countries, related mining, trading and other activities have been restricted, and the overall trading volume of cryptocurrencies has declined. However, according to last year's trend, Xiao Lei does not rule out the possibility of cryptocurrency market value rising again. Recently, it has been rumored that the RTX computing power limit has been cracked by a third-party technical team, which may lead to the heating up of the graphics card and virtual currency market again.
For ordinary consumers, the most obvious benefit of the plunge in the price of virtual currency is to drive the price of graphics cards back down. In the past two years, many mine owners have frantically snapped up graphics cards in order to increase the computing power of mining, resulting in a shortage of graphics card supply and soaring product prices. It is no exaggeration to say that as long as it is a graphics card with performance that does not collapse, the price can be doubled or tripled, the graphics card has become a hype tool for a time, and the upgraded configuration has become the luxury of most small partners.
With the decline of cryptocurrencies, the graphics card market has gradually returned to normal, the current NVIDIA, AMD two major head of product prices have begun to loosen, although the price reduction is not large, only one or two hundred yuan, but also let domestic consumers see the good news of graphics card price reduction. Some foreign media said that GPU products may continue to maintain the trend of price reduction, ushering in more attractive prices in May.
Then again, the graphics card is an electronic product after all, and the hot virtual currency can not make its value has been high, consumers have the heart of the RTX 3060, 6600XT and other flagship products, the price will one day return to rationality, become ordinary people can buy the commodity.