Bitcoin (BTC) price dropped below $25,000 on the stock market. Portal reports CoinDesk .
It is noted that bitcoin fell by 9% on the Binance cryptocurrency exchange. The cryptocurrency decline continues for the third day in a row.
Bitcoin last passed $30,000 on August 9th.
Ether (ETH), another popular cryptocurrency, fell 11% to around $1,600.
As the portal points out, citing data from Bloomberg, factors behind the decline in the value of cryptocurrencies and other risky assets include catching interest rates in the United States for many years.
In June, Nassim Taleb, a US-Lebanese former stock trader and bestselling author of The Black Swan exposed He criticizes the cryptocurrency industry, saying that bitcoin is not a salvation for people and cannot even serve as a means of money laundering. Taleb is confident that investing in bitcoin does not fit well into the pragmatic world of money, and has become closer to the behavior of followers of the sects.
formerly Russian translated fraudulent traders 22 million rubles in bitcoins.