Bitcoin price plummeted on Saturday morning, December 4th, down 17% – nearly $ 10,000 in about an hour. This follows from the data from the CoinDesk portal.
The price was $ 42 thousand, but then rose to the level of $ 45.
The plunge in the leading cryptocurrency has led to widespread declines in cryptocurrency markets, with some dropping more than 20% in value over the past 24 hours.
The total market capitalization of bitcoin is currently hovering around $ 2 trillion.
As the expert on cryptocurrency exchange-traded funds Laurent Cassie noted, the market fell after the sale of more than 4 thousand bitcoins. Only 1.5 thousand bitcoins were sold in less than a minute, he noted.
On November 28, the value of bitcoin dropped amid news of a new strain. According to CNBC, the figure fell by 20% to $ 53.6 thousand.
At trading on November 16, Bitcoin fell sharply by almost 8.35% in less than a day, that is, by $ 6 thousand, retreating from almost record highs.
Source: IZ
Jane Stock is a technology author, who has written for 24 Hours World. She writes about the latest in technology news and trends, and is always on the lookout for new and innovative ways to improve his audience’s experience.
