Bitcoin Fell Below $ 6,000

  • Bitcoin Fell Below 6000

KYIV (FNI) - The largest digital currency, Bitcoin, fell 6.2 percent to $ 5,887 as of 10:44 in Hong Kong, which is the lowest level since June, according to Bloomberg's consolidated price policy. Ether dropped by 12 percent, while all but one of the top 100 crypto-currencies tracked by Coinmarketcap.com recorded a decline in the last 24 hours. The total market capitalization of the Crypto-currency decreased to $ 190 billion from a peak of about $ 835 billion in January.

While Bitcoin and its peers rallied in July in hopes that the bitmoney-backed stock exchange will attract new investors to the world of virtual currencies, US regulators have yet to sign several offers for such a product. The weakening coincided with the growing danger that entrepreneurs who raised crypto-denominated funds through initial offers now cash them (such as Ether).

In August, bitkoyne fell by about 23 percent, and this year its decline has already reached 58 percent.

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