The bitcoin is still in free fall and reaches lose $ 4,300

Consequences of the gold standard

1. elEconomista.es

11/20/2018 - 11:28

The bitcoin continues to fall uncontrollably. Cryptocurrency has returned to the levels of September last year when the currency was below the threshold of $ 4,300.

After serving his tenth anniversary three weeks ago, last Wednesday lost $ 6,000 after two months stabilized at around USD 6,500, yet again yesterday plunging 9% to fall  below $ 5,000.

This trend has continued in the last hours and falls have increased up losing 15% of its value to reach $ 4.279 on Tuesday morning.

This decline has also been given in recent weeks in major indices as well as in the rest of criptodivisas. The ethereum has experienced a similar drop (14%) to below 135 dollars and litecoin lost 12.8% -less than 33.11 dollars.

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Editor's note of misteri1963: 

digital currency  bitcoin, Ethereum,  litecoin can never compete equally with coins covered Conditions by gold because when paying your payment can never guarantee this metal