The first cryptocurrency continues one of the deepest price falls in its history. Today, on February 2, the average bitcoin rate fell below $ 8500, which corresponds to the values of the end of November last year.
Bitcoin Price Chart
The current capitalization of "digital gold" is $ 141 billion. The dominance index is also relatively low - 35.9%.
In just a month, the total market capitalization of the cryptocurrency decreased by half. So, if in early January 2018 the total value of the digital assets on the market reached $ 800 billion, now it is $ 395.4 billion.
Almost all the cryptocurrencies from the first hundred of the Coinmarketcap rating show a deep dump.
Top Ten Cryptocurrencies
Among the reasons for the fall can note the tightening of regulation in India and South Korea, as well as the multi-million dollar loss of the Coincheck exchange hack and, as a consequence, the increased likelihood of tightening regulation of the crypto industry in Japan. The CFTC has begun to scrutinize the activities of the large Bitfinex exchange and Tether.