Bitcoin is falling again – RT Arabic

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The price of the “Bitcoin” currency fell today, Tuesday, to its lowest level in more than a week, amid concerns about US monetary policy and the continued tightening of regulation of digital currencies in China.

By 11:55 Moscow time, “Bitcoin” was trading at $32,948.64, a decrease of 9.23 percent, according to CoinDesk data.

Currency

As for the reasons for the decline of “Bitcoin”, the most famous currency in the world, analysts point to the increased control by the Chinese authorities on the trading of “Bitcoin”, as the authorities banned some accounts linked to cryptocurrency in the Twitter-like platform Weibo last weekend.

Source: agencies



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