Sunday , May 22 2022

18h42 – Bitcoin under $ 5,000, the first since October 2017


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in London (GB)

Bitcoin, the main decentralized virtual currency, passed on Monday under $ 5,000 per unit, the first since October 2017, when its value began to start. He fell to $ 4,958.36 at about 16h35 GMT (17:35 in Belgium) against $ 5,451.72 Friday at 22:00 GMT, a fall of around 10%, according to data compiled by Bloomberg. The most famous cryptocurrence has already experienced a serious fall last Wednesday, which fell below $ 6,000, a level that has not moved since September, and has been falling to a low level for more than a year. It was difficult to find the reason for a sudden stable, but some analysts have recently pointed to a decline in interest in sulphurous property, while trade volume in October fell to a record low in a year, according to Diar magazine. Some commentators also talked about quarrels within the bitcoin cashier community, another cryptocurrency that rival the battle, which resulted in the split into two new virtual currencies last Thursday. Compared to mid-December, when it temporarily exceeded $ 19,500, bitkoin lost almost 75% of its value. Bitcoin was worth only a few cents to launch in February 2009 by one or more computer scientists hiding under the pseudonym Satoshi Nakamoto. In 2017 he hit the titles, rose from about $ 1,000 in January to nearly 20,000 by the end of the year. The phenomenon of this phenomenon, known as the "balloon" of many officials, confused many institutions that separated it from it. Last example, last Thursday, French economist Benoit Coeure, a member of the Executive Board of the European Central Bank (ECB), compared bitkoin with some kind of "evil emanation" to the financial crisis, recognizing "an extremely intelligent idea" in origin. (Belga)

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