CRYPTOCURRENCIES LATES NEWS: Bitcoin lost sharply in price
The value of the cryptocurrency fell noticeably after a small corrective growth.
After the recent collapse of the rate and its subsequent adjustment to 16 thousand dollars, Bitcoin again fell seriously. Thus, the most popular cryptocurrency is traded on international exchanges near the mark of 14.2-14.5 thousand dollars per coin. The minimum rate for the day amounted to 13.6 thousand dollars.
So, according to CoinDesk as of 11:30 Kyiv time, the Bitcoin rate was 14.4 thousand dollars. Thus, overnight the cost of the cryptocurrency decreased by about 15%.
The market capitalization of the Crypto-currency is 568.3 billion dollars. The share of bitcoin - about 44% of the total market - is $ 250 billion, which is $ 20-30 billion less than the previous day, December 27.
At the same time, according to analysts, until December 31, the bitcoin rate can still rise to 17-17.5 thousand dollars.
Let's remind, earlier experts of investment bank Morgan Stanley investigated the market криптоалют and have come to conclusion, that the rate of Bitcoin can fall to zero if it will not begin to accept as a payment means. The decrease in the exchange rate will be facilitated by the low volume of trading in cryptocurrency? say, analysts. The daily trading volume of bitcoin is now about $ 3 billion, while the average daily trading volume in the global foreign exchange market is about 5.4 trillion dollars.