Bitcoin began to fall in price

Bitcoin began to fall in price after a sharp increase of more than 10 percent. This is evidenced by the trading data displayed on the CoinMarketCap portal.

Now the most popular cryptocurrency has lost in value by 1.48 percent, at the moment 33,753 thousand dollars are offered for a cyber coin.

Bitcoin skyrocketed on January 29th. This happened after the head of Tesla and SpaceX Elon Musk posted a bitcoin hashtag on his Twitter account. After that, the cryptocurrency rose in price by 15 percent in 30 minutes.

On January 26, it was reported that in the long term, the cost of bitcoin could exceed 50 thousand dollars. According to analysts from the Luno crypto exchange and the OSK brokerage company, the popularity of bitcoin will continue to grow in the next 3-10 years, while gold, on the contrary, risks not being liked by investors.

/Media reports.