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Technology 1 min read Source: InternetUA

The bitcoin rate fell below $ 7000

The bitcoin rate fell below $ 7000
photo InternetUA

At auction on Friday, November 10, bitcoin lost more than 5% and fell below $ 7000. Thus, the drop from the record high reached this Wednesday was more than $ 1000.

By 16:00 Kyiv time the cost of bitcoin on the Bitfinex exchange was $ 6,770.5, at the Bithumb exchange - $ 6,972.92.

Recall, two days earlier bitcoin reached a record high - $ 7,888 on news about the abolition of the hard-rock, known as SegWit2x.



Despite a drop of more than 7% this week, the growth of bitcoin since the beginning of the year still exceeds 600%. Its capitalization at the moment is $ 113.8 billion. The total capitalization of the market declined to 199 billion.

In the meantime, Bitcoin Cash (Bitcoin. Cash) is growing rapidly. Over the course of a day, the value of the Crypto currency increased by almost 30%. By the evening of Friday, its exchange rate on the Bithumb exchange rate is $ 799.71, on Bitfinex - $ 800.43.

Source: InternetUA
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