Tuesday , August 3 2021

Bitcoin rates reach a minimum since October 2017 – Rossiyskaya Gazeta

The Bitcoin rate has fallen to October 2017 lows, confirming the cryptocurrency's reputation as one of the most volatile and unpredictable assets.

According to CoinMarketcCap, Bitcoin costs $ 5,586, the capitalization of cryptocurrency falls below $ 100 billion, to $ 97 billion.

At the end of 2017, in less than two months, the Bitcoin level, due to speculative operations of major players, surged more than three times, reaching a maximum in December (almost 20 thousand dollars), but in mid-summer 2018 fell to the same level. In November, on the eve of hard forks on the Bitcoin Cash network, which lasted overnight, the collapse of Bitcoin just started.

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