The bitcoin exchange rate fell below 4 000 US dollars, reaching an annual minimum

Cryptocurrencies continue to plummet in price. To date, the bitcoin exchange rate is less than 4 000 US dollars, which is the lowest value for the year.

The depreciation has affected all cryptocurrencies. Only in the last 24 hours the cost of a digital money fell on average by 14%. The bitcoin exchange rate fell to a level similar to August, prologo year – 3849 USD. Ethereum is trading just over $ 110 per unit, while the Litecoin exchange rate fell below $ 30.

Despite the fact that some manufacturers of gadgets and even a Swiss watch recently released a number of products to attract interest in cryptocurrency over the past few weeks cryptocurrency exchange proved to be not the best in terms of investment. Capitalization of cryptocurrencies last week fell to 54 billion us dollars and amounted to 128 billion U.S. dollars.

If it is an active drop continues, the courses value of cryptocurrencies in the coming weeks, can achieve an initial minimum.

Clifton Nichols

Clifton Nichols

Hi! I’m Clifton and I am a full-stack engineer with a passion for building performant and scalable applications that are beautiful and easy to use.

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