(BTC) hit a new multi-month low on Monday, Feb. 5, dropping below $7,000 for the first time since the .
According to price index, BTC reached as low as $ 6,661.51 on Monday, losing at least 11 percent of value in the 24 hours to press time, and about 60 percent over the last 30 days.
The sharp drop of bitcoin was mimicked by the prices of , with the top 50 coins losing percent of value over the last 24 hours. (ETH) experienced a decrease of about 11 percent, while (BCH) and dipped 17 and 16 percent respectively.
The latest cryptocurrency market decline has likely been caused in large part by the that all foreign are to be banned by the (PBoC).
Published at Mon, 05 Feb 2018 22:55:50 +0000
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