The cost of bitcoin fell by 10 percent, thereby losing all profits since the beginning of the year. This is evidenced by the data portal CoinMarketCap, which calculates the average price for more than 20 exchanges.
According to him, Bitcoin lost 9 percent of its value, falling to $ 3,671. At the same time, at the largest exchange in terms of Binance trading volume, Bitcoin declined in price by 9.7 percent - to $ 3,579. During the bidding, the fall also exceeded 10 percent.
It is noted that the fall of other cryptocurrency has become even more rapid. So, Ethereum fell by 15.62 percent ($ 127.54), Ripple - by 10.01 percent ($ 0.3297), Bitcoin Cash - by 15.86 percent ($ 134.27). The capitalization of the cryptocurrency market is $ 122.231 billion, while Bitcoin accounts for more than half of the market.
“There is no real reason for such a fall, neither technical nor fundamental,” the senior analyst quotes
eToro Mati Greenspan CNBC. According to him, such a dynamics may indicate a rollback after the jump, which occurred on January 6. Then the increase in the price of Bitcoin was 5.71 percent and for the first time since December 25, 2018, it exceeded four thousand dollars.
At the end of December, investment in Bitcoin was named the most failed in 2018. Thus, Bitcoin for the year fell by 71.15 percent. Thus, the investor's losses amounted to 213,464 rubles from the estimated amount (300 thousand rubles).