Open source
The Bitcoin has dropped below USD 5,000 for the first time since October 2017. This is reported by CoinDesk.
It is reported that the Bitcoin was fixed at USD 4,951.47, which is a record low for the last year.
Recall that in October 2017, Bitcoin cost exceeded USD 5,000 for the first time in history, in November – USD 10,000, in mid-December it approached the USD 20,000 mark. But after that a sharp depreciation began, which continues to this day. This process is associated with a restriction on mining and cryptocurrency trading in some large countries, as well as the general decline in investor interest and the exit of speculators from the market.
As The Journalist reported, Mr Buffett, one of the most successful investors in the world, called Bitcoin a rat poison squared.
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