loader

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.


Stay up to date with the latest news!
Subscribe to our Telegram channel

READ ALSO:

Japan To Turn Bitcoin From Payment Means To Financial Product