The most popular cryptocurrency in the world, bitcoin, fell by a quarter more than in a day, it follows from the data of the CoinDesk service.
The cost of one bitcoin at the time of publication was 31.4 thousand dollars. Thus, the decrease in the last day was 22.4 percent, in 27 hours – 25 percent. The total capitalization (total market value) of the cryptocurrency is $ 577.3 billion.
On January 9, Bitcoin broke another price record, reaching $ 41,000 per unit. Growth from the beginning of the year to January 9 was 45 percent.
The decline in value has also affected other cryptocurrencies. The Maker currency fell stronger than the rest, having lost 27 percent of the price over the past 24 hours.
On January 11, the British Financial Conduct Authority (FCA) warned cryptocurrency investors that, amid unprecedented volatility in the market, they could lose all their piled up funds.