Bitcoin crashed below $ 4,000

25 November 2018, 17:33 | Economy
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The cost of Bitcoin cryptocurrency dropped today to below $ 4,000. According to the Coindesk specialized portal, one Bitcoin cost $ 3,534. Thus, the most popular cryptocurrency per day lost more than 17 percent of its value.. Over the past 24 hours, many other digital currencies have fallen in price by more than 10 percent, in particular etherium, litcoin and XPR.

Since December 2017, when Bitcoin at the peak of its value was estimated at almost 20 thousand dollars, the digital currency continuously falls in price..

So, in February, the cost of Bitcoin dropped below $ 6000. Among the reasons for the fall, analysts cited China’s decision to ban bitcoin mining in the country, the ban on British and American banks to use credit cards to buy Bitcoins, as well as a number of countries to regulate the cryptocurrency market.

Chairman of the European Central Bank, Mario Draghi, said about the danger of investing in Bitcoins. He called cryptocurrency a speculative asset, the purchase of which is fraught with great risks..




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