The decline of virtual coins continues. What is happening with Bitcoin?



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Bitcoin fell 12% on Monday, continuing the decline recorded in recent weeks in a context of widespread sales in virtual currency due to distrust of investors, reported Reuters.

bitcoin shutterstock_710889814

Bitcoin dropped to a low of $ 3,519.94 per unit on the Bitstamp / FOTO platform: Shutterstock

The decline was accelerated by a number of factors, including stricter oversight by US regulators and the postponement of the launch of Bitcoin futures by Bakkt, the cryptomonas platform of the Intercontinental Exchange, by January 2019.

"These factors, coupled with unattractive fundamentals and information on slowing the adoption of virtual coins as a tool of services such as payments, have led to strong pressures at the same time. sale and the appearance of capitulation, "said Aditya Das, an analyst at Brave New Coin, a virtual money market data company.

Bitcoin fell to $ 3,519.94 per unit on the Bitstamp platform and, during trading, reached the lowest level of the last 14 months of $ 3,462.57 per unit. Bitcoin has depreciated by 74% this year, after reaching a record $ 20,000 in December 2017.

And the other virtual currencies dropped sharply, Etherer, by 7% to 106.69 dollars a barrel and XRP to Ripple from 5.6% to 34 cents.

The virtual market capitalization fell to $ 122.3 billion Monday, up 85% from a peak of nearly $ 800 billion reached early January.

Source: news.ro

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Bitcoin
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virtual coins
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Bitcoin decline

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