After crossing a new threshold of $ 19,000 at the beginning of the week, the price of Bitcoin fell sharply over several days, reducing its value to less than $ 13,000.
The insane surge in the value of bitcoin has come to a stop that is qualified by serious observers and that brings its value back quickly. At the beginning of the week, the decentralized currency reached a new record of more than $ 19,000, but has been in a downward spiral for several days, which is dropping its course.
This Friday, the price fell below the $ 13,000 mark, creating a setback that may be enough to worry late-onset investors.
Related:Bitcoin enters the Chicago Stock Exchange
Other virtual currencies are not spared, from bitcoin cash to ether, which also significantly declined.
Throughout the year, bitcoin still shows a gain of more than 1000% but the very strong growth of recent weeks, fueled by intense speculation, may just find its limits, creating a floating in the ambient euphoria.
Source : Bloomberg
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