Saturday , September 21 2019
Home / czechrepublic / Bitcoin is still falling, falling below USD 4,500

Bitcoin is still falling, falling below USD 4,500



London, November 20 (CTK) – The price of the bitcoin digital currency continued to fall, and for the first time in more than a year it fell below USD 4,500 (USD 102,500). During the week the bitcoin value dropped by about 30 percent, Reuters said.

Bitstamp Bitstamp in the afternoon showed a decrease of seven percent to $ 4,400 ($ 100,200). During the day he dropped to $ 4,237 ($ 96,500).

Bitcoin was created in 2009 as an alternative to official currencies, and over the years it has become the leading cybernetic currency in the world. Last year there was a rapid increase, and in December reached a record level of nearly 20,000 USD.

Since then, bitcoin has lost about three quarters of its value. "Euphoria dies," analyst Fawad Razaqzada from Forex.com said. "Many people have lost interest," he added.


Source link