Cryptocurrency Bitcoin again fell significantly, the overall industry fell to $100 billion.
Day 15 of December the average market value of Bitcoin has set a new annual low of $3194. Then it grew, now the price of cryptanalytic is $3276. Over the weekend, most of the digital money is much cheaper, course Ethereum dropped to $82, XRP – to $0,282. Total market capitalization decreased to a level of $100 billion, informs UkrMedia.
In addition to the price of the cryptocurrency has dropped significantly and the daily trading volume. Over the past week, the index fell by 29% – from $14 billion to $10 billion. Many experts predicted this development. Co-founder of the exchange BTCC Bobby Lee, for example, believes that the price bccon will continue to decline in January 2019 will be $2500. The coin will go up, the expert believes.
At the same time, Weiss Ratings analysts recommend buying the currency while its value remains low. Such opinion and Eric Erwin with the company Blockforce Capital. He is confident that the market correction of digital money in 2018 will not affect the prospects for the development of a new asset class.