The price of Bitcoin fell below 9000 $
At the moment, the price of Bitcoin has reached its minimum for the last 20 days.
At the time of writing the most popular crypto currency in the world continues to lose its value, its decline over the past day reached almost 500 US dollars, falling from just over 9000 US dollars to 8587 US dollars. Data is given according to the service coinmarketcap.
At the moment, Bitcoin has risen slightly and already trades at the level of 8870 US dollars.
The price decline continues from Thursday, when the most popular crypto currency in the world collapsed to 9000 dollars, after the auctions stabilized at the level of 10 000 dollars. At the three-week level, the most expensive crypto currency fell from its maximum at 11 767 US dollars. This maximum was fixed 20 February.
Crypto currency market
The total capitalization of the crypto-currency market also recorded a monthly minimum of 352 billion dollars, which is 47% less than the recent maximum of 518 billion US dollars, this amount was fixed 18 February.
At the time of writing, all 20 top-tiered crypto-currencies are crashing in terms of trading volume. The price reduction varies from 10 to 20 percent.
Previously, we reported that, that Bitcoin is destined to grow to 29 000 US dollars by the end of the year.
Author: Andrey, analyst Freedman Club Crypto News
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