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Tuesday 20 November 2018

Bitcoin Prices Have Fallen 75% from All-Time High


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PARIS (Satrapia) — While several Central Asian countries were considering creating their own cryptocurrency, Bitcoin prices continues to plunge, falling further into the red.

After the excitements of last year when the price soared to nearly $20,000 and then tumbled, Bitcoin has been rather dull and stable for much of 2018, settling between $6,000 and $7,000.

However, Bitcoin prices plunged below $5,000 yesterday, extending losses suffered earlier this month and causing the digital currency to decline 75% from its peak. The cryptocurrency reached as little as $4,4488.81, its lowest in more than one year,.

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