On Wednesday, the price of the main world cryptocurrency Bitcoin fell by 10%, slipping to the lowest figure since June. Such fluctuations suggest that volatility in the market of digital currencies is still in force.
On Wednesday evening, the BTC exchange rate was fluctuating around $ 5,844 per unit. This is 7.5% less than at the end of the session on Tuesday.
In addition to volatility, the analysts also note small volumes of cryptocurrency trading in general.
BTC futures for November traded on CBOE have fallen by 9.5%. At CME, the price has fallen by 9.8%.
Other currencies, such as Ethereum, Litecoin and Ripple, also lose in value. But they lose more than 10%.
The material was prepared with the participation of Katya Gordon,
a leading analyst of the brokerage company CT Trade