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Bitcoin lives one of its worst weeks of the year. In eight days, the world's largest cryptocurrency has seen a drop of 35.94% and Monday, he deepened his fall to a rating of $ 3,766.
During the day, the cryptocurrency has sold $ 3,843, a decline of more than 5% over the intraday maximum for the resumption of cryptocurrency sales.
Other cryptographic currencies also depreciated significantly on Monday. The Ethereum ether dropped by about 1.6% and the Ripple XRP dropped by a similar amount in a depreciation largely caused by a lack of confidence.
(Read: In the United States and accept tax payments with bitcoins)
But what caused this fall? According to badyst Jorge Bejarano, OAS consultant on digital security, the reasons for this collapse are due to the fact that "The interest has fallen where the most important badet swap negotiations are coming from and expectations of cryptocurrency-based trading have decreased. "
"There was talk of establishing a cryptocurrency negotiating table and this created hope for a more meaningful negotiating space. the problem has not prospered and that it generates a little more mistrust with respect to stability. "
For the expert, the regulatory examination that digital currency has been facing is also one of the causes of the collapse of the past few months. "The fact that these cryptoactives do not have a central authority or the bank that supports them ends up generating mistrust of the support that can be given," said Bejarano.
Analysts also attribute this decline in value to an investigation by the Securities Commission into fraud in this sector, which resulted in fines for initial offers of non-regulatory crypto-currencies. On the other hand, a wave of widespread digital currency sales subtracted three-quarters of the value of the world's best-known cryptocurrency this year.
With agencies
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