Bitcoin continues its fall and falls below 5000 dollars

Bitcoin continues its fall and falls below 5000 dollars

Crypto-currencies like bitcoins remain under pressure. On the largest trading platform Bitstamp, the value of a bitcoin fell briefly below $ 5000 on Monday, its lowest price since October 2017. But the value remained thereafter around this threshold . Since last Wednesday, it is already a loss of 17%. In December 2017, the record bitcoin price was close to $ 20,000.

According to the Coinmarketcap website, the combined value of some 2 000 crypto-currencies has risen from 210 to 170 billion since last Wednesday. At the height of the craze for cryptocurrencies, it was still $ 830 billion.

Traders and analysts still do not really know why this price drop.