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20 minutes – Your bitcoins are now worth much less



The decline in digital currency, such as Bitcoin, continues. On Sunday, the price of a Bitcoin dropped below $ 4,000. On the well-known trading platform, Bitstamp dropped back to $ 3474 – as little as the last time in September 2017. On Monday morning the price recovered slightly to $ 3900. Other digital currencies such as XRP or Ether had collapsed on Sunday, but could recover somewhat at the beginning of the week.

overview

Do you have bitcoins?

The balance of digital currency this year is sobering. Since the record high of $ 20,000 in December 2017, Bitcoin's oldest and best-known cryptocurrency has lost more than 80 percent of its value. The losses have been around 40 percent since mid-November alone. The market value of all about 2000 cryptocurrencies has fallen by more than $ 700 billion since the boom to the current nearly $ 130 billion.

One of the reasons for the decline is a dispute in the Bitcoin fan community about the splitting of the Bitcoin sister factory "Bitcoin Cash". There are also other reasons, such as the lower interest of investors, the useless waiting for new financial products for Bitcoin and Co. and recurring breakdowns and collapse at popular fairs.

(SDA)


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