MoneyNewsWorld

Bitcoin dropped below $ 5,000

US, WASHINGTON (NEWS OBSERVATORY) — The Bitcoin exchange rate on Friday for the first time since April last year overcame the psychological milestone of $ 5 thousand. This is evidenced by the data of the electronic cryptocurrency exchange Coindesk.

As of 02:26 UTC, the Bitcoin exchange rate reached $ 4933. According to the data at 03:46 Moscow time, Bitcoin is getting cheaper by 6.43%, its cost is $ 4544.

Bitcoin is a decentralized system of the same name cryptocurrency based on blockchain technology. It can be emitted by any user who is a member of the system.

To do this, you need to create new system blocks using a computing device.

The concept of the system was published in November 2008. The rapid growth in the popularity of bitcoin has occurred only in recent years. The emission of this cryptocurrency is limited, and now most of the bitcoins are “mined”.

Online:

Our Standards, Terms of Use: Standard Terms And Conditions.

Contact us: [email protected]

Article is written and prepared by our foreign editors from different countries around the world – material edited and published by News Observatory staff in our US newsroom.