Distributed database that is used to maintain a continuously growing list of records, called blocks.
On the night of Saturday, July 15, the price of the first cryptocurrency fell below $ 2100, continuing the general downward trend for several weeks already.
According to Coinmarketcap, at 04:00 UTC the weighted average bitcoin rate was $ 2,099.03. On a number of exchanges, even lower thresholds were fixed: $ 2,069 for Bitstamp, $ 2053 for Bitfinex, $ 2050 for BTC-e.
Thus, over the past 24h, bitcoin has lost more than 12% in value, while the last time at such levels it was traded at the end of May.
The decrease in the price of the first cryptocurrency is taking place against the background of the approaching key dates on July 31 and August 1. The continuing uncertainty regarding the scaling up of the network. Some analysts warn of a high probability of further depreciation, calling the possible support level of $ 1,900.
First decentralized peer-to-peer payment network.
At the time of publication, the weighted average bitcoin rate was $ 2069 with a capitalization of $ 34.037 billion.
It should also be noted that, following bitcoin, most other cryptocurrencies are losing their prices too.
Top cryptocurrencies rates
As you can see on the charts, also all of the popular cryptocurrencies lost more than 10%, and IOTA lost almost 25%.