Bitcoin Slides Below $6,000; Half its Value Lost in 2018

Finance | February 6, 2018, Tuesday // 10:53|  views

pixabay.com

Bitcoin slid another 13 percent to below $6,000 on Tuesday, bringing the world’s best-known cryptocurrency’s losses to more than half since the start of 2018.

Bitcoin has fallen heavily in recent sessions as worries about a regulatory clampdown on the nascent market and panicked investors push prices lower. The virtual currency hit a peak of almost $20,000 in December.

On the Luxembourg-based bitstamp exchange, bitcoin fell to as low as $5,920, its lowest level since mid-November, before recovering slightly. Other cryptocurrencies have also dropped sharply in value this week.

 

 

Reuters

We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!


Tags: bitcoin, low, price, finance

Back  

» Related Articles:

Search

Search