Bitcoin recorded losses, last week was the worst of the year for cryptos

LONDON. Bitcoin's digital currency on Monday compounded its losses. It continues to decline after last week, which was the worst for cryptomania this year.

The bitcoin rate fell by more than five percent Monday to 3843 dollars (£ 3385.31). Bitcoin reached the lowest level this year and lost more than 25% of last week's value.

And other cryptomes faltered on Monday. Specifically, Ethereum decreased by 1.6% and the ripple attributed to roughly the same loss.

Significant sales of digital currencies this year have already declined by about three quarters of their recent value.