Bitcoin rate fell by almost five percent in a day. This is evidenced by data from CoinDesk.

The price of the most popular cryptocurrency dropped to 57.3 thousand dollars - this is an anti-record since October 28. At the time of this writing, the rate has recovered somewhat, and now bitcoin is trading at a price of 57.5 thousand dollars. The capitalization of the first cryptocurrency fell to $ 1.

09 trillion.

Bitcoin is falling in price amid news of new measures to combat cryptocurrency in China, which banned mining and any operations with crypto coins in 2021. In November, the government warned state-owned enterprises against mining cryptocurrency. It is also reported that the authorities are preparing new punitive measures, one of which is the introduction of higher electricity prices for companies that continue to ignore the ban on mining coins..