The sudden collapse of the currency of "Bitcoin"

in bitcoin •  7 years ago 

The currency fell below $ 12K on Friday (December 22nd) after losing more than a third of its value in just five days its worst week since 2013 after a strong rally to a peak near $ 20,000 on Sunday.

The largest and most popular digital currency increased 20 times since the beginning of the year,, jumping from less than $ 1,000 to $ 16,666 on Luxembourg's Beetstamp on Sunday and exceeded more than $ 20,000 on other exchanges.

But Bitcoin has fallen daily B since then and the pace of the loss accelerated on Friday. By 1430 GMT, the currency was trading at 11,848 dollars, down 24.06 percent from the start of the session.

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